Birdwatch Note Rating
2025-01-11 00:15:05 UTC - HELPFUL
Rated by Participant: 4270719BEB4B8B86E5E1FC4D050BE66C2B30ED9B05CFE1F8C0B907069BD3367D
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