California weighs use of catastrophe models in home insurance
The move comes as major insurers such as State Farm have stopped writing new policies in California and other states following an intensifying barrage of
Source: eenews.net
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Is catastrophe modeling the answer to California's property insurance woes?
Balancing a 'chilling effect' for modelers with consumer transparency
Source: insurancebusinessmag.com
Verdun seniors say they're being renovicted
Seniors living in a Verdun apartment building say they're being pushed out in an apparent renoviction. A dozen seniors living in a building on Rielle Street received an eviction notice on Dec. 16. They have to be out by July.
Source: montreal.ctvnews.ca
Verisk ties up with RiskSpan to create new climate change solution
The company claims the solution is first of its kind on the market.
Source: intelligentinsurer.com
RiskSpan, Verisk Offer Climate Risk Analytics For Mortgage Finance
Mortgage analytics firm RiskSpan has collaborated with Verisk to create a first-of-its-kind solution for measuring and mitigating the risks of climate change to the housing finance industry. The collaboration unites RiskSpan's Edge Platform for mortgage analytics with Verisk Extreme Event Solutions' proven set of models — relied on by leading insurance, re-insurance, and corporate and government entities — to assess the risk from natural catastrophes and climate to a given location by providing a property-specific hazard risk metric.
Source: nationalmortgageprofessional.com