Birdwatch Note Rating
2025-01-09 07:15:22 UTC - NOT_HELPFUL
Rated by Participant: 81F4B100599DD52A7143CFDB3EBFE90C27ACEDB1A14A61574E33E3E2BA7344A4
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