Birdwatch Note Rating
2025-01-10 15:50:50 UTC - HELPFUL
Rated by Participant: B940A86CC4858FBEFA24514616175709612E46CCCF27EAF7158BDB0BFA5B289C
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