Birdwatch Note Rating
2025-01-09 20:58:22 UTC - HELPFUL
Rated by Participant: 14D71D38F814C77E163F5553082EBEE9294EEFF0FF59FEFE052243EC0C7D9124
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