Birdwatch Note Rating
2025-01-09 18:37:33 UTC - HELPFUL
Rated by Participant: 447E0FDDDADCB3F1D96CFFCCBCC465A790D7FD3F283DCB1D42BC4E15995E054D
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