Birdwatch Note Rating
2025-01-09 18:55:10 UTC - HELPFUL
Rated by Participant: 9CF810A930C0245295195B3186E32E8B19D271F90A7B9F4252ADE03A5DB390B1
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