Birdwatch Note Rating
2025-01-09 16:09:15 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D8BD36568F4DBB37E204AB8E9B2939FC8CBEF5942930A20E32C575E9556734F3
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