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Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
After working on a nagging insurance industry problem on and off for three decades, an actuary, who is also a software engineer, recently devised the solution—a new model of the occurrence form for ...
Over the last 30 years, natural catastrophe modeling has transformed property insurance. When Hurricane Andrew devastated Florida in August 1992, seven domestic insurance companies and one foreign ...
Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based InsurTech analytics firm, to better predict key ...
Praedicat, a liability catastrophe modeling company, released its new liability insurance risk modeling platform and says it has secured Swiss Re as its first licensee. The new platform, known as ...
For insurers today, emerging risks are like comets were to the ancients: harbingers of doom of mysterious origin. The Romans thought the gods sent a comet to mark the passing of Julius Caesar. Today, ...
Hydraulic fracturing (fracking) combined with horizontal drilling has unleashed a huge oil and gas boom in the United States and redrawn the world energy map. But could this new technology result in ...
Speaking during a session at the Advisen Casualty Insights conference in March, Robert Reville, the chief executive officer of Praedicat, noted that while all mass litigation, historically, has been ...
Emerging liability risks aren't likely to look like asbestos or silica in coming years, according to an expert who has been following the development of workplace torts for decades. Instead, the next ...
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