CDI completes review of Verisk’s wildfire model to help address California’s coverage crisis

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Reinsurance News - Jul 25, 2025

The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it for use by insurers in assessing wildfire risk and property insurance ratemaking—marking it as the first catastrophe model to successfully complete evaluation under the state’s...

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