Birdwatch Note Rating
2025-01-09 15:58:42 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 17BCE1C6F312832E3B10CA2D4716E27984F33784D2A30748412551E45605A62A
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