Birdwatch Archive

Birdwatch Note Rating

2025-01-10 02:37:16 UTC - HELPFUL

Rated by Participant: 57D5BB5C611121F5B6A724E3C448E1A0F7267514F1AF016CBFCD52FC55CA3E2A
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

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All Information

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