Verisk is confident California’s future will include catastrophe models. Newbold again points to the L.A. He said that his team compared the billions in actual losses to the model’s predictions.

Verisk has launched a new catastrophe model to help quantify the financial impacts of strikes, riots and civil commotion (SRCC) in the US. The model helps underwriters and risk managers assess ...

Verisk is the first to submit a model after the regulation went into effect on January 2, 2025. Verisk’s Extreme Event Solutions pioneered the catastrophe modeling business in 1987 to support ...

The department is reviewing private models and may create a first-in-the-nation public catastrophe model. Why should we care about catastrophe models? California became the last state in the ...

Essentially, AI-generated imagery looks set to become the new clip art. Microsoft is rolling out ... Microsoft is also adding an AI text-to-image model to its search engine Bing.