State Farm is seeking approval to use Cotality’s wildfire catastrophe model for its homeowners business in Oregon.
The filing covers version 22.1 of Cotality’s U.S. Wildfire Model, which evaluates wildfire hazards, property vulnerability, demand surge and other variables. The model would be available for use upon regulatory approval.
Cotality, formerly CoreLogic, asked Oregon regulators to keep the model’s technical documentation confidential, arguing that its methodology, data and predictive capabilities represent trade secrets.
