Birdwatch Note Rating
2025-01-09 14:59:50 UTC - NOT_HELPFUL
Rated by Participant: C2C4B47060E7572DF8CDAD4B65BC734F1852E4B0267696448D4A3C7034A574CB
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