Birdwatch Note Rating
2025-01-09 15:41:27 UTC - HELPFUL
Rated by Participant: 880415658CFF79EC2FC2A5C4D15F564A29EAE7DC9E366A8AF4042178B7F2A138
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