Birdwatch Note Rating
2025-01-09 16:39:14 UTC - HELPFUL
Rated by Participant: 4AE0E0EC2EF6BA736D95E580D0E4F38D1D7489F2A5F774F4822A1B5DE79FC05A
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