Birdwatch Note Rating
2025-01-09 16:43:25 UTC - HELPFUL
Rated by Participant: 9BE1118849BB2EE55A320297F9B70C3EB96028DFDCB5583F4770E15239E219CD
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