Birdwatch Note Rating
2025-01-09 15:38:41 UTC - HELPFUL
Rated by Participant: 3F1AC4E24F419C43CE72E9B94254FE568A816DCF83C389C98C18A4B5FF15857F
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