Birdwatch Note Rating
2025-01-09 16:10:57 UTC - HELPFUL
Rated by Participant: 922BD1DC15F946226E034FA0FC014266FAD4336FF90992F522CB2D5C6BB311AB
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