Birdwatch Note Rating
2025-01-09 22:50:13 UTC - HELPFUL
Rated by Participant: 7C58FA32AA71A68BD26BC0E248447F91E166FF0832C35150A3FB2699EA41E24C
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