Birdwatch Note Rating
2025-01-10 06:24:47 UTC - HELPFUL
Rated by Participant: 39DE11B1C507C368354E3EEB2E8949E9B0FB6979B41715B39881BACE431A7122
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