Birdwatch Note Rating
2025-01-10 00:06:43 UTC - HELPFUL
Rated by Participant: 2215A9378C73FCF993B87E67792B9B7CDC6D03A93F82B60A14A061F6F8ED2652
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