Birdwatch Note Rating
2025-01-09 15:33:20 UTC - HELPFUL
Rated by Participant: 8CB8D951C6E836F4DE6A4F01C7EE23359AC318ED512E04F8F259B60D52062936
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