Birdwatch Note Rating
2025-01-09 02:54:42 UTC - HELPFUL
Rated by Participant: 0D5C9560C840E140B9664BB9CE995FC1382114A3CC5B86F04E4E43175D0CCA6B
Participant Details
Original Note:
CA's insurers have historically been prohibited to use cat models in ratemaking, effectively prohibiting pricing in the cost of wildfires or any catastrophes. Post stands in no need of note. Recently, some insurers have attempted to have cat models as part of their pricing. https://www.insurancejournal.com/news/west/2025/01/02/806725.htm
All Note Details