Birdwatch Note Rating
2025-01-09 17:07:30 UTC - NOT_HELPFUL
Rated by Participant: 8760F10F397561156DCC4FB6E22445BAD3A30393FC2D50E070512477A7DB23B4
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