Birdwatch Note Rating
2025-01-09 15:37:58 UTC - HELPFUL
Rated by Participant: 6E518F0C547D78197FDA0A863CD8B44D1C6B651ED3330C9212C92EA92127910B
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