Birdwatch Note Rating
2025-01-09 23:43:22 UTC - HELPFUL
Rated by Participant: 793EC149D0AE4FB36CFDDC4E85BE084E00F4C1D9D62591322725AF3B6B4B2527
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