Birdwatch Note Rating
2025-01-09 16:00:06 UTC - HELPFUL
Rated by Participant: 8A51BC75F2E8BF76C2FBA22DF0EB6873A58CF93F154A0DED7769741CA8369903
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