Birdwatch Note Rating
2025-01-09 17:53:44 UTC - HELPFUL
Rated by Participant: B2D45CC852CDC52CC0A2092117EA2DCEAF027FC1041DDF6EE7A9E30223C42E7D
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