Tag Archives: catastrophe model

Department of Insurance Allows Insurers to Base Rates on Wildfire Models as a Part of the California Sustainable Insurance Strategy (SIS)

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By Victoria Torres On July 25, 2025, the Department of Insurance (DOI) announced its final evaluation for DOI’s first wildfire model. In July and August 2025, the Department’s Model Advisor, Kara Voss, analyzed three different wildfire models under the newly Continue reading →

Little Hoover Committee Investigates California’s Homeowners Insurance Crisis

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By Alex Cesta On June 6, 2024, the Little Hoover Commission held a roundtable discussion to continue its investigation into the growing crisis of homeowners insurance availability in California. Experts from state agencies, insurance industry representatives, and consumer advocacy groups Continue reading →