Birdwatch Archive

Birdwatch Note Rating

2025-01-09 16:54:51 UTC - HELPFUL

Rated by Participant: 2E4FF2EA8838455DB6F7085CE331F58137523C271F17C5ECC384C9328378FE30
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

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All Information

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