Birdwatch Note Rating
2025-01-10 23:37:14 UTC - HELPFUL
Rated by Participant: 79062723E3BA7B9A7885F49A3F0D27CA45DE87927FA08DA24321BB639218C80B
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