Birdwatch Note Rating
2025-01-09 15:27:44 UTC - HELPFUL
Rated by Participant: 7306A453C02C6F16AC12418C73A6EA3E774D669A5A383BC3FB2B2425E2176AA5
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