On this week’s Risky Science Podcast, Dr. Phillip Mulder of the University of Wisconsin breaks down the rising pressures inside the U.S. homeowners insurance system and what the research defines as “reinsurance shock.” pod.link/1825669405/e...

📅 Register today: On January 8, 2026 @ 1 p.m. EST, join the Risky Science Podcast Live “Cyber Risk in 2026: Modeling, Market Dynamics & Systemic Stress”, hosted by Risk Market News. The session featuring Morgan Hervé‑Mignucci (Head of Risk Modeling at Coalition) tinyurl.com/3z44nbna

California cut its wildfire aid request, but says post-fire landslides will threaten LA for 5 years. Funding for hazard mapping + early warnings. 📊 Full article: www.riskmarketnews.com/california-w...

Swiss Re: balance sheet cleaned, now the risk services button is pushed. “Built to lead” now means selling knowledge, not capacity. New RMN analysis 👇 www.riskmarketnews.com/swiss-re-wan... #insurance #reinsurance

New Year, new moves: The Risky Science Podcast will start monthly live podcast discussions, opening up for audience questions on risk, markets and models. First up is a big, juicy top: measuring, modeling and pricing cyber risk. Register today tinyurl.com/mt8hs773

A coalition—including Public Citizen, NRDC, Ceres & AFR—is urging Hawaii’ insurance regulator to open insurance data + public modeling and coordinate with researchers + other states. www.riskmarketnews.com/climate-grou... #insurance #riskmodeling #climaterisk #Hawaii

2025 delivered one of the strangest Atlantic seasons on record: above-normal ACE, a total peak-season shutdown, and what CSU calls an “extremely benign” year for U.S. impacts. Only one U.S. landfalling TS—despite 133 ACE. www.riskmarketnews.com/2025-hurrica...

New Risky Science Podcast: Pandemics and the Limits of Securitization Dr. Susan Erikson talks about modelers, finance structures, and ILS in her fieldwork research on pandemic catastrophe bonds that resulted in the book Investible!. pod.link/1825669405/e...

Zurich is betting big on Specialty + the global data-center construction boom. Execs say Specialty is a “skills-based business” powered by 1,200 underwriters + Zurich’s growing data lake—and the company insured 250 data-center builds last year alone. www.riskmarketnews.com/zurich-execs...

World Bank’s GRADE model puts Hurricane Melissa’s damage to Jamaica at $8.75B — a 41% GDP hit. Infrastructure was “widely compromised”, losing 7.2% of total capital, while Jamaica’s strong DRF system will cover only a fraction of losses. www.riskmarketnews.com/melissa-wipe...

A new report says cat models are now macro-prudential tools, not just risk pricing tech. But diverging PML standards and widening model gaps in emerging markets may deepen protection gaps and systemic risk. www.riskmarketnews.com/catastrophe-...

Canada Budget 2025: Government launching consultations with P&C insurers on earthquake risk stability. No funding yet, but signals potential shift in how catastrophic risk is managed at federal level. www.riskmarketnews.com/new-canadian...

A new report issued ahead of COP 30 argues that while catastrophe models excel at mapping physical damage, governments miss cascading effects like supply chain disruptions, migration costs, systemic financial shocks. www.riskmarketnews.com/physical-ris...

Zohran Mamdani’s plan to build 200K affordable homes meets a hard limit: NYC’s expanding floodplain. The NY Fed finds 1M+ structures & 4M people already at high flood risk ,many in the same areas targeted for new housing. www.riskmarketnews.com/zohran-mamda...

“Liquidity is not resilience. It buys time, not transformation.” : Paula Jarzabkowski 💡 Risk Market Briefing: How Hurricane Melissa tests Jamaica’s capital access & the models that price risk ➡️ www.riskmarketnews.com/hurricane-me... #CaribbeanRisk #Insurance #CapitalMarkets

Yup... "Insurers who cannot or choose not to meet the 85-percent requirement can still qualify for the new rate increases. " www.nytimes.com/2025/11/01/u...

One of California’s largest electric utilities is warning that the state can no longer treat its customers and shareholders as the default catastrophe insurers. www.riskmarketnews.com/edison-says-...

Cat modeling dilemma: Four models, four different answers ($3.08B to $4.29B). TWIA's solution? Equal 25% weighting for all. www.riskmarketnews.com/twia-committ...

California’s wildfire exposure has created a $1.35T–$2.0T insurance capital gap, per McKinsey. FAIR Plan now holds $700B in risk, largest in the U.S., but collects just 0.28% in premium. www.riskmarketnews.com/california-w...

Senate just advanced a wildfire bill that for the first time would require federal modeling to support private insurance availability. www.riskmarketnews.com/federal-wild...

In a lot of ways, putting out a "woke alert" on a flood model was bound to happen in the current political climate. www.riskmarketnews.com/conservative...

“The physics and the AI need to go hand in hand.” 🌎 Dr. Hanso Singh explains why better climate forecasts won’t come from AI alone. 🎧 New Risky Science episode: pod.link/1825669405/e... #RiskyScience #ClimateRisk #CatModeling #AI #Insurance

Gallagher Re warns extreme heat remains an “unmodeled risk” — exposing insurers to growing losses across energy, tech & infrastructure as AI data centers flourish. 🌡️ www.riskmarketnews.com/gallagher-re...

New research from Stanford finds moderate temps kill far more people than extreme heat or cold, yet most climate policies target rare events. Swiss Re’s SONAR 2025 calls extreme heat “more deadly than floods + hurricanes combined.” 🌡️ Read more: www.riskmarketnews.com/climate-poli...

Extreme heat kills more Americans than floods, hurricanes, and tornadoes combined. FEMA's response? It just rejected a recommendation to measure the financial impact of mitigation projects. Meanwhile, insurers are warning of $400B+ in annual losses by 2035. www.riskmarketnews.com/nations-dead...

Trump Administration reshapes insurance policy focus: AI adoption hits records, crypto insurance market approaching $3B, and litigation funding highlighted as major cost driver. Meanwhile, Congress moves to abolish the Federal Insurance Office entirely. www.riskmarketnews.com/trump-admini...

Canada's catastrophe losses hit record $8.8B in 2024 and TD Insurance is updating its backend with -AI-powered risk modeling using 10M+ client interactions -Canada's first CAD-denominated cat bond (CA$300M) deployed www.riskmarketnews.com/record-canad...

Catastrophe models = a language “Treat model output as a data language for risk transfer—not as an accurate picture of the world.” – Paul Wilson, Twelve Securis 🎧 Full Risky Science Podcast: pod.link/1825669405/e... #ILS #Reinsurance #CatModels #ClimateRisk

PG&E to opt into California's new $18B wildfire fund while signaling openness to $1-1.5B stock buyback if reforms stall. CEO says utility prefers investing in safety, but analysts pressed for shareholder returns . Phase 2 reforms due April 2026. www.riskmarketnews.com/pge-talks-up...

Over 250K households could lose flood insurance as Washington uses NFIP as a budget bargaining chip www.riskmarketnews.com/nfip-becomes...

🌍 New on the Risky Science Podcast: Dr. Seth Baum of the Global Catastrophic Risk Institute on why uncertainty defines catastrophic risk — from climate and pandemics to AI. 🎧 Listen here 👉 pod.link/1825669405/e... #RiskModeling #AI #ClimateRisk #RiskySciencePodcast #insurance #reinsurance

The more climate mitigation initiatives are pushed to curtail losses from hurricanes and storms, the harder the political and financial pushback. www.riskmarketnews.com/growing-phys...

Monday RMN newsletter: ❓The global life insurance insurance industry faces mounting questions over its models. 🔥A new law targets California wildfire subrogation claims. 🏛️Raidan has bought into Lloyds, but investors want buybacks. www.riskmarketnews.com/social-chang...

Happening Tuesday. Tying climate risk modeling to investment risk. Open to audience questions Free signup. tinyurl.com/38m5d5dc

🌡️ Weather prediction markets are reshaping risk transfer Instead of annual insurance policies, imagine hedging your $10K hurricane deductible as storms approach. Latest Risky Science podcast dives deep into how this could disrupt traditional insurance www.riskmarketnews.com/yethe-predic...

North Carolina seeks $40M from USGS for landslide hazard mapping after Hurricane Helene caused 1,900+ landslides in mountainous terrain and new risk modeling data could reshape cat risk assessment. www.riskmarketnews.com/north-caroli...

California Senate passes SB 429 - the nation's first public wildfire catastrophe model legislation Creates and alternative to so-called "black-box" proprietary models Open access to data & algorithms Heads to Gov. Newsom's desk (deadline Oct 13) www.riskmarketnews.com/california-l...

Congressional crunch time for catastrophe risk programs TRIA terrorism backstop up for renewal (House hearing this week) NFIP flood program expires Sept 30 Timing: worst possible with govt shutdown looming Full story: www.riskmarketnews.com/catastrophe-...

New report says CBRN terrorism models can assess technical hazards but fall short on economic loss estimation. "Reinsurers struggle to measure (or even clearly identify) the full costs of a CBRN attack." www.riskmarketnews.com/terrorism-ri...

Not to sound jaded, but I have seen so many stories over the years about US insurance regulators flying to London or Hamilton and coming back with more market-based plans. subscriber.politicopro.com/article/eene...

Californai lawmakers passes legislation expanding the definition of geological hazards to include climate-related risks. www.riskmarketnews.com/california-l...

In today's RMN Newsletter: 📶 Reinsurers and signaling cat model updates that will reshape risk & pricing 🫨 California's earthquake pool is readying a big model update 🔥 Wildfire models are good at trees, bad at houses www.riskmarketnews.com/models-confr...

In just over two weeks we will have the first Risky Science Podcast Live with Dr. Paul Wilson, Head of Catastrophe and Climate Research at Twelve Securis. The focus will be on how investors and markets are really pricing clmate riskl Free registration: tinyurl.com/38m5d5dc

As European insurers gather in Monte Carlo, the Overton window on a possible U.S. property reinsurance backstop continues to shift. www.riskmarketnews.com/think-tank-m...

I don't know. Some good points, but there is the saying "where you stand depends on where you sit." www.ft.com/content/573a...

> @denverpost.com www.denverpost.com/2025/08/29/c...

Fermat Capital’s John Seo reflects on how the storm validated catastrophe models, transformed the cat bond market, and laid the groundwork for today’s cyber risk transfer. www.riskmarketnews.com/katrina-at-2...

Risky Science Podcast Live, Sept. 23. Join the discussion and register www.riskmarketnews.com/how-markets-...

Today's RMN Newsletter: 🏃The mad hedge fund/private equity scramble into annuities and remade life reinsurance. 🔥Models alone can't fix a broken California wildfire insurance market. 🌀Asian corporates have a growing physical risk problem. www.riskmarketnews.com/life-reinsur...

I am planning the first Risky Science Podcast Live for September 23, 11 a.m. with Dr. Paul Wilson, Head of Catastrophe and Climate Research at Twelve Securis. Thought I would put it out to the bsky community first. No registration charge.➡️ tinyurl.com/38m5d5dc