Birdwatch Note Rating
2025-01-09 17:24:36 UTC - NOT_HELPFUL
Rated by Participant: 53C3A0721D4152AD2ECD6E56C89845FB81A57BD93E02D51E42D9538B33E6B8F6
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