Anthony R. O’Donnell // July 28, 2025 
(Image source: CDI Facebook page.)
The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the United States, allowing insurers to use the model in property insurance ratemaking across the state. Developed by the Extreme Event Solutions unit of Verisk (Jersey City, N.J.), the model is designed to provide a scientifically grounded, forward-looking view of wildfire risk.
Rob Newbold, President, Extreme Event Solutions, Verisk.
The approval marks a significant development in California’s evolving insurance regulatory environment. It is the