Birdwatch Note Rating
2025-01-09 15:47:03 UTC - NOT_HELPFUL
Rated by Participant: BC42BB38F6D9AA66251DBD8326AD05F73D477D2AF9BED1262E4D4341CCC377AD
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