Birdwatch Note Rating
2025-01-10 01:43:59 UTC - HELPFUL
Rated by Participant: 5B558C5A3A5F296A80AC1175B71D86BDA9805EE712B4F19DE02B0151A533C4F2
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