Birdwatch Note Rating
2025-01-09 15:45:43 UTC - HELPFUL
Rated by Participant: B3F3B7023AA8E92F6D2EF159C541C94347DC39EAD4FB5ED8B9A467249FBB7529
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