OpenAI is hiring a Threat Modeler to "own" its catastrophic risk framework — $325K to identify, model, and forecast frontier AI risks across bio, cyber, CBRN, and autonomous replication threats. www.riskmarketnews.com/openai-is-hi...

$1 rise in modeled expected loss → $5 in higher premiums. New research from Ben Collier and other researchers traces 20 years of Florida cat model outputs to insurer rate filings. The results surprised the researchers. Latest Risky Science Podcast 🎧 pod.link/1825669405/e...

Cat model disclosure, actuarial justification requirements, ZIP-code loss data, and policyholder risk score appeals — Georgia's SB 585 is one of the more detailed state transparency bills yet. www.riskmarketnews.com/georgia-join...

Texas's coastal insurer set its hurricane funding ceiling at $4.3B last week. Its own modeling consultant said if a storm hits that threshold, the average loss will be $9.5B. www.riskmarketnews.com/twia-makes-a...

A new MSCI Institute report finds insurers are shifting from historically calibrated models to “layered intelligence”: geospatial analytics, localized hazard data, and shorter-horizon (to 2030) scenarios. www.riskmarketnews.com/catastrophe-...

Berkshire's new CEO Greg Abel on wildfire risk: PacifiCorp will own what it owes — but it's "not an insurer of last resort." www.riskmarketnews.com/berkshires-a...

Anthropic rewrote its AI safety framework and the core message is blunt: no single developer can unilaterally prevent catastrophic AI risk. Full breakdown at Risk Market News ⬇️ www.riskmarketnews.com/anthropic-sa...

The industry where AI should be most valuable is one of the slowest to adopt it. Professor Daniel Schwarcz of the University of Minnesota Law School breaks down what's keeping the insurance industry cautious. 🎧 pod.link/1825669405 #Insurance #ArtificialIntelligence #Insurtech #RiskyScience

The American Academy of Actuaries warns that dismantling NCAR would degrade the catastrophe models insurers depend on to price climate risk—driving up premiums and threatening coverage availability nationwide. "Uncertainty carries a positive cost." www.riskmarketnews.com/trumps-clima...

On Risky Science, Daniel Reti (Exona Lab) argues AI risk looks less like cyber and more like structured tail exposure — closer to product liability with nonlinear downside. pod.link/1825669405

One advantage of prediction markets over parametric insurance: efficiency. With insurance, you’re paying for the risk and the insurer’s overhead. We talk about what this could mean for hedging hurricane risk on the latest Risky Science Podcast. 🎧 pod.link/1825669405/e...

Former White House cyber official proposes catastrophe bonds for critical infrastructure operators—treating "data spills like oil spills"—as hearing reveals Chinese components dominate 93% of transportation sensors at U.S. airports and toll systems. www.riskmarketnews.com/former-white...

Sunday Risk Signals is live. This week: Storms vs. rail + supply chain Prediction markets meet insurance Copper flood fallout Cat volatility + reinsurance attachment math www.riskmarketnews.com/risk-market-...

Colorado lawmakers are pushing back on a $300K Colorado DOI plan to model how the mountain pine beetle outbreak could change wildfire risk scores and hit homeowners insurance affordability. www.riskmarketnews.com/colorado-deb... #insurance #wildfire #catmodeling #reinsurance #risk

Aon flags a quake modeling “blind spot”: long-distance seismic waves that cause moderate but sustained shaking and can still drive meaningful insured loss far from the fault. www.riskmarketnews.com/aon-calls-ou...

NOAA’s weather satellite data pipeline is being framed as “warfighting” infrastructure in Congress, officials warned disruptions could immediately degrade military ops. It is also the observation layer behind cat models insurance pricing confidence. www.riskmarketnews.com/future-of-us...

A stranded Venezuelan oil cargo became a test case for modern war-risk insurance—forcing courts to weigh regime legitimacy, political violence, and who pays when sovereign order breaks down. Here’s why CITGO v. Ascot matters for insurers and markets 👇 www.riskmarketnews.com/how-venezuel...

California has begun enforcing its landmark AI safety law. Under SB 53, developers of frontier AI models must disclose how they manage “catastrophic risks,” from mass harm to loss of human control. www.riskmarketnews.com/california-l...

New regulatory research finds that model disagreement -- not just higher losses—raises homeowners premiums. In Florida, more dispersion across hurricane models = higher prices, even after controls. Less uncertainty could cut premiums $50–$90/year. www.riskmarketnews.com/research-arg...

Wildfire losses are outpacing current risk-management systems. A new RAND report urges a national public-private technology effort to move wildfire detection and mitigation tools from pilot to scale—and break the system’s suppression bias. www.riskmarketnews.com/report-urges...

Florida’s push to shrink Citizens Property Insurance Corporation is entering a new phase. A proposal would use clearinghouses + “higher-of-two” pricing to force risk back into the private market. www.riskmarketnews.com/new-legislat...

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...