Birdwatch Note Rating
2025-01-09 08:26:24 UTC - HELPFUL
Rated by Participant: 0D922040A2304D35297CFE600CFE6087666D38FDA8195F2C14DD87B67A96EED8
Participant Details
Original Note:
It's not illegal to increase homeowners insurance rates in CA. Until late 2024 CA didn't approve rate filings including cost of reinsurance, despite all other states allowing them to be recovered and the Actuarial Standards Board allowing inclusion of reinsurance costs. https://www.insurancejournal.com/news/west/2024/12/30/806461.htm https://actuarialstandardsboard.org/wp-content/uploads/2014/07/asop029_056.pdf
All Note Details