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California Insurance

California insurance regulation, wildfire catastrophe model adoption, FAIR Plan updates, and the state's Sustainable Insurance Strategy.

Climate Risk and Catastrophe Modeling in 2026: How $107 Billion in Losses Is Reshaping Actuarial Practice

$107B in 2025 insured losses, LA wildfires at $40B, SCS as a $50B peril, California's wildfire cat model revolution, and what it means for actuarial pricing, reserving, and capital modeling.

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