Birdwatch Note Rating
2025-01-09 16:39:47 UTC - HELPFUL
Rated by Participant: A8FBFC35A0D0B6E193A7222FF72934051A73159A82AB09D283E3EBB63D92B9C1
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