NU Online News Service, Aug. 6, 12:08 .pm. EDT

Risk Management Solutions said its newest catastrophe models for earthquake risks in the United States will likely cut insured loss estimates 10 to 25 percent.

RMS in Newark, Calif., said the changes would be most felt in California and the reduction applied to the average insurer across all lines of business, with more modest changes in loss estimates for commercial business lines and larger reductions for residential lines.

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