Birdwatch Note Rating
2025-01-09 23:34:02 UTC - HELPFUL
Rated by Participant: 5E5E3C1F697A25BE78F1687D88E6F02C15BE49CD461B60BC0E0D69BC5E580F19
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