Blog
Practical insights and data-driven perspectives for property & casualty insurance & risk professionals.
Mitigation-Aware Scoring: When a Property Changes, the Score Can Too
Property risk changes over time, but property data doesn't always keep up. A roof is replaced. Defensible space is cleared. Vegetation is removed. These improvements can materially change risk, yet the data behind a score often lags behind the property itself. That can mean overpricing lower-risk homes and frustrating policyholders who invested in mitigation. Mitigation-Aware Scoring gives carriers a governed, auditable way to update verified property attributes within the ZestyAI platform and recalculate risk when those changes affect the score.
California’s New Wildfire Risk Regulations: Your Top 10 Questions Answered
On October 14th, 2022, the California Department of Insurance (CDI) passed new regulations titled "Mitigation in Rating Plans and Wildfire Risk Models" to provide a more transparent approach to wildfire risk management in the state.
Revolutionizing Real Estate: The Power of Artificial Intelligence
The Chrisman Commentary interviewed Attila Toth about how artificial intelligence is impacting real estate.
Mitigating Accumulated Risk in Homeowners Insurance
How should carriers address risk accumulation? These are the options (and tradeoffs) to consider for your risk mitigation strategy.
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