Birdwatch Note Rating
2025-01-09 15:37:28 UTC - NOT_HELPFUL
Rated by Participant: 5D215B11E7B6528CD3686C5CF8BA2BC29CDB94C647264A2E2D138ED82B509048
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