Birdwatch Note Rating
2025-01-09 15:28:04 UTC - NOT_HELPFUL
Rated by Participant: 028C3F49458E3CB12F21EC4759A0F133D47E5632704CE3209C082159B34A4761
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 other catastrophes. Recently, some insurers have attempted to have cat models as part of their pricing. This is not widespread. https://www.insurancejournal.com/news/west/2025/01/02/806725.ht
All Note Details