Birdwatch Note Rating
2025-01-09 20:58:36 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 3F4A5B2112A2FDA0F5746AA1BF7C96C168C9215451814A0E333FE37E0E4A0172
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