Birdwatch Archive

Birdwatch Note Rating

2025-01-09 19:22:28 UTC - HELPFUL

Rated by Participant: AEF11508274BE366A4DF28BCCF98152CF48146522182D1434F7478631BBF26CA
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

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Original Tweet

All Information

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