Birdwatch Note Rating
2025-01-09 18:30:32 UTC - HELPFUL
Rated by Participant: A746C72C6317CDADD143DBB72957EA8FEBD48B6B0B617C9EB80CD37A48A44240
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