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
All Note Details