Birdwatch Note Rating
2025-01-10 05:51:54 UTC - HELPFUL
Rated by Participant: CEA8A92E75095E7E5D8CBB7151DE418B55586D5A40EA73A22AD31DC21CCEDB4F
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