Regulatory & Actuarial Disclaimers
Disclosures regarding California Department of Insurance licensing, catastrophe modeling methodologies, and regulatory rating compliance.
1. Insurance Producer Licensing
VesperSpatial platform operations and underwriting oversight are supervised by a licensed insurance professional:
2. CDI "Safer from Wildfires" Compliance
In accordance with California Insurance Code § 2644.9 (CDI Wildfire Mitigation Regulations), the Delphi-1.0 engine incorporates structural hardening criteria (Class-A fire-resistant roofing, enclosed eaves, dual-pane tempered glass) and 0–100ft defensible space fuel clearances. Carriers utilizing VesperSpatial rating factors maintain compliance with mandatory consumer mitigation discount disclosures.
3. Catastrophe Modeling Limitations
Spatial hazard scores and Probable Maximum Loss (PML) calculations are mathematical models based on satellite telemetry (NASA FIRMS), meteorological reanalysis (ECMWF ERA5), and elevation topography (USGS 3DEP). While calibrated against 26+ years of empirical loss data, natural catastrophe events are stochastic and subject to climatic variability. Outputs represent statistical estimations and should be utilized in conjunction with sound professional underwriting judgement.