Birdwatch Archive

Birdwatch Note Rating

2025-01-09 17:13:09 UTC - HELPFUL

Rated by Participant: C0C62778C39AA1C735804FDCB0038BACB351FE20B9671A92E87B17DB5E3C2740
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

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All Information

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