Birdwatch Note Rating
2025-01-09 15:07:14 UTC - HELPFUL
Rated by Participant: BF7BE8C9B9536147E161FBBC4498DBC7640799456BB46694EDCEDF970FC60EB1
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