Jul 25, 2025

Barbed Wire   |   property insurance CDI Approves First California Forward-Looking Wildfire Risk Model

On Thursday, the California Department of Insurance (CDI) announced that they have completed their review of the first forward-looking wildfire risk model for use by insurers

Dec 13, 2024

Barbed Wire   |   property insurance State Finalizes New Property Insurance Ratemaking Regulations

On December 13th, California Insurance Commissioner Ricardo Lara announced that the State had approved the final version of his proposed regulations on catastrophe modeling for insurance ratemaking, which are now in effect. The new regulations,...

Nov 08, 2024

fire insurance   |   property insurance State Commission Adopts Report on Insurance Crisis

On Thursday, November 7, the nonpartisan Little Hoover Commission adopted a report on California’s ongoing property insurance crisis which was issued for public review earlier in the week. The report, which was developed over the...