Verisk, a prominent data analytics and technology provider, has made a significant move toward enhancing California's property insurance market by becoming the first modeler to seek a review of its ...

This is a wildfire, driven by strong winds, raging through a city in South Korea last month. Researchers at the European weather forecaster ECWMF have developed a new AI algorithm that is better at ...

Jersey City, Jan. 02, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data ...

The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...

Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California Department of Insurance (CDI).

The Canadian wildfires of June 2023 exposed a large portion of the Northeastern United States to unprecedented levels of smoke. A new model that combines wildfire smoke forecasts and data from ...

As wildfires continue to drive up homeowners' insurance premiums and prompt policy cancellations in California, a new piece of legislation intended to help is awaiting Gov. Gavin Newsom’s signature.

DAVIS. THANK YOU. AND WHEN BATTLING LARGE WILDFIRES, CREWS NEED ALL THE RELIABLE INFORMATION THEY CAN GET. THEY CERTAINLY DO. FIRE GROWTH MODELS CAN BE A GOOD TOOL FOR MAKING DECISIONS. METEOROLOGIST ...

When it comes to assessing a home's wildfire risk in California, a lot of calculating happens behind the scenes. But new legislation aims to change that. State legislators passed a bill on Sept. 13 to ...

Hello and welcome to Eye on AI. In today’s edition…How a new prediction model could improve wildfire management and response; Trump tariffs are “worse than the worst case scenario” for tech investors; ...