Birdwatch Note Rating
2025-01-10 02:32:07 UTC - HELPFUL
Rated by Participant: 7C737A62245F70F1EA74196189D91EDB7FA482253BDE6D209B6E038C2905E26A
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