Cat modeling transparency scrutinized in CA rate setting hearing
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cat modeling transparency scrutinized in CA rate setting hearing

Firefighters spray water to wildfire

Cat modeling transparency came to the fore during an initial public hearing Thursday on the use of such models to set rates in California.

The practice is banned under present legislation, which carriers say has led to unprofitability and continued recent exits from new homeowners’ business.

Data

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article