Birdwatch Archive

Birdwatch Note Rating

2025-01-10 00:19:09 UTC - HELPFUL

Rated by Participant: 3765CA200B3D098D1F594F1DD96A1CB4D25146094EFEADA49D3A9E63DA23296D
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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