Birdwatch Note Rating
2025-01-09 16:43:02 UTC - HELPFUL
Rated by Participant: BB19C695A832FEE3154E345D8E9F1E62799AEAB3F59880B348D6BA380828555A
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