Birdwatch Note Rating
2025-01-09 18:24:39 UTC - HELPFUL
Rated by Participant: 1CDF10FBD36DF2354A461B6FF4A492FC5D07C8AF4ACBAD80DAF5E4929D54E61B
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