Birdwatch Archive

Birdwatch Note Rating

2025-01-09 08:50:03 UTC - NOT_HELPFUL

Rated by Participant: B768D318E2BC0361A61E5F74F22B41ED6178BC5B0678837F9D5263439E006963
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

Original Tweet

All Information

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