Birdwatch Note Rating
2025-01-09 15:48:36 UTC - HELPFUL
Rated by Participant: 85A74112C30468EBFC3E441601900F291CECC497597FDEFE22A20567BBF05B00
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