Birdwatch Note Rating
2025-01-09 16:03:46 UTC - HELPFUL
Rated by Participant: 954A8CC66AC4FA3A4CFC033F25E15874D49823952106D4BCBD7C25BD29D964BC
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