Birdwatch Note Rating
2025-01-09 16:05:43 UTC - HELPFUL
Rated by Participant: 399EACF75E303A9776F1EB3F7B8D8E5193D1040F054805C2D8434CE9FDC9D6FE
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