Birdwatch Note Rating
2025-01-09 19:35:32 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A1AC29366A92D10DECA6A23C47941D6C82DB271FF7056384AD912B734DA1DC4A
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