Birdwatch Note Rating
2025-01-09 15:34:29 UTC - NOT_HELPFUL
Rated by Participant: BA2795388081AB38C67F1CBF6A1DCC8C61A58969FE1971A62BA4802D92FCF5A7
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