Birdwatch Note Rating
2025-01-09 15:14:51 UTC - HELPFUL
Rated by Participant: 499992D6B2AC0DC3D68C9D9DEEC93E7E370E8EFBCFF0092D79D9832F2A1CD18B
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