Category Archives for News

Insurer Group Reacts to California Department of Insurance Musing on Cat Modeling

Insurer groups may be seeing the light at the end of the tunnel with a hint of a possible change in a regulator’s attitude toward the use of catastrophe modeling in the California market for…

California Overtime Law Threatens Use of Grazing Goats to Prevent Wildfires

Hundreds of goats munch on long blades of yellow grass on a hillside next to a sprawling townhouse complex. They were hired to clear vegetation that could fuel wildfires as temperatures rise this summer. These…

California Unlikely to Run Short of Electricity This Summer Thanks to Storms, New Power Sources

California regulators say the state is unlikely to run out of electricity this summer because of a big increase in power storage and a wet winter that filled the state’s reservoirs enough to restart hydroelectric…