Birdwatch Note Rating
2025-01-09 16:56:13 UTC - HELPFUL
Rated by Participant: 6672D30A167BE5654BA0400E31C165C0FF9F6DCF2BCB80EC1FA65D6ED22C73A5
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