Nasdaq

California Department of Insurance Approves Verisk Wildfire Model, Transforming Risk Assessment for Insurers

The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...
KTLA

The California Insurance Company (CIC) Weighs Options Following Latest Turn in Six-Year Battle with California Department of Insurance (CDI)

Closely watched litigation pits the insurer in opposition to overreaching regulatory actions to block its redomestication out of California, as the State's insurance market suffers unavailability and ...
Insurancenewsnet.com

California insurance department sued by consumer group over public records

The Life Insurance Consumer Advocacy Center (LICAC) has filed a lawsuit against the California Department of Insurance (CDI) for violations of the California Public Records Act. LICAC has repeatedly ...
Nasdaq

Verisk Sets Precedent as First to Complete Wildfire Catastrophe Model Review Process in California for Insurance Ratemaking

JERSEY CITY, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- In a milestone for California’s evolving insurance landscape, the California Department of Insurance (CDI) has completed its review of the Verisk ...
Morningstar

Updated CA Insurance Department Data Shows Time To Rate Approvals Same With or Without Intervenors, Public Citizen Chimes In Against Revenge Regulations, says Consumer Watchdog

SACRAMENTO, Calif., Oct. 2, 2025 /PRNewswire/ -- Updated data from the California Department of Insurance (CDI) continues to show rate approvals are as fast, or faster, when Consumer Watchdog is ...
East Bay Times

Mercury to seek new home insurance rates using California’s risk modeling system

Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...