Birdwatch Archive

Birdwatch Note Rating

2025-01-10 13:29:47 UTC - HELPFUL

Rated by Participant: 7A3348ECEE5FF3312E89C0BFE0E050EA9C60EFA88089972673B3EAC710ED5939
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

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All Information

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