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Tag: insurance rate setting

California Regulators Consider Insurers’ Use of CAT Models for Property Rates

Newsom to allow higher insurance rates

If California regulators decide to permit the use of catastrophe (CAT) modeling to set rates, they must balance two interests: public transparency and the protection of proprietary information.

Published July 18, 2023
Categorized as Show on Homepage Tagged California regulators, cat modeling, cat-prone business, CDI, insurance rate setting
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