Cat models face their next test as insurers rethink risk
Cat Models Face Their Next Test as Insurers Rethink Risk Amid 2025’s Fury Hurricanes Helene and Milton slammed Florida just weeks apart, shattering records and exposing cracks in the very tools insurers rely on to predict disaster. As losses pile up toward $145 billion this year, catastrophe models—once hailed as crystal balls—are under fire, forcing … Read more