California's Insurance Department is wading into the fight over the science behind catastrophe models. The department is reviewing private models and may create a first-in-the-nation public ...
Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
SAN DIEGO — California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire ...
Federal investigators determined Palisades Fire was 'holdover fire' that smoldered for six days in California State Parks ...
SACRAMENTO, Calif., Oct. 13, 2025 /PRNewswire/ -- Legislation creating a fully transparent public wildfire catastrophe model was signed by Governor Newsom late Friday. The law will give consumers the ...
According to a recent studypublished in JGR Solid Earth, nearly half of California’s fault lines—including the infamous San Andreas Fault—are overdue for significant seismic activity. This includes ...
The seven-member California Catastrophe Response Council is expected to meet Thursday to discuss damage claims from the devastating Eaton fire and the growing concern that those claims could wipe out ...
JERSEY CITY, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- In a milestone for California’s evolving insurance landscape, the California Department of Insurance (CDI) has completed its review of the Verisk ...