Birdwatch Archive

Birdwatch Note Rating

2025-01-09 16:21:43 UTC - HELPFUL

Rated by Participant: 6CB4E4373241D1DF92C129E6AAB03EDD292D939A22EA3FA0BEE359C8BC6BE5C3
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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