Birdwatch Note Rating
2025-01-09 23:10:15 UTC - HELPFUL
Rated by Participant: 6EA48ACE33F45732DE2A7AEC6CB34DB1252FF04B3B55D4974A51ADF4316550BE
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