Birdwatch Note Rating
2025-01-09 20:28:06 UTC - HELPFUL
Rated by Participant: 1F760ACDE76B7DFC4FCF183D0D16BEA594F53845E37534E78D85B6C4092D5857
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