Birdwatch Note Rating
2025-01-09 17:08:55 UTC - HELPFUL
Rated by Participant: 8F91CE6B3B146E1ADB3E012CCA79B9420A4A1E39E37D269C429E02634BA2E356
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