Birdwatch Note Rating
2025-01-09 19:48:45 UTC - HELPFUL
Rated by Participant: 0BDB84E79EA4154BFA518A70EBE714BB4C5505D0302AF982B76652D6D68DBC0D
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