Birdwatch Note Rating
2025-01-09 16:05:19 UTC - HELPFUL
Rated by Participant: CC1905D03C239E1C3CCFD87BC9D96EE6F2A3F6115F4F4F3C3A8EC31CC6B2C57E
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