Insurers Should Compete for Part, Not All of Flood Risk
Changes to National Flood Insurance should provide competitive flood coverage.
Model Behavior: The Anatomy of Catastrophe Modeling
The insurance industry has been using statistical models to provide guidance towards data-driven decision-making for many years.
Offering Private Flood Insurance in California: Golden Bear’s Experience
The California Department of Insurance recently approved Golden Bear’s flood program as the first offering in the state that’s not from NFIP. PC360 spoke with Michael Brown, vice president at Golden Bear Insurance, about private flood insurance and the company’s program.
Bad Dams and Flood Risk Concerning for Insurer
California’s Oroville dam appeared as though it was on the verge of failing before its emergency spillway was used for the first time in the dam’s 50-year existence and the overflow was emptied. But the near-catastrophe is still a cause for cautious, not panicked, concern according to Golden Bear Insurance.