Birdwatch Note Rating
2025-01-09 15:44:10 UTC - NOT_HELPFUL
Rated by Participant: 7C320C0F19A6D27AEB972A8CA9978744B4231A66CC199906569B1F7481DA862F
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