Birdwatch Note Rating
2025-01-09 18:27:12 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 377C82FBA8F58C20FDFEC1A90C78B89C0D62D1A17FE744878131927830C7BC5D
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