Birdwatch Note Rating
2025-01-09 16:04:14 UTC - HELPFUL
Rated by Participant: 8B88154A575AF4635CBD8FA2DB129099E247B4749B663CE8DAE737BE6D19CEFD
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