Birdwatch Note Rating
2025-01-09 15:04:11 UTC - NOT_HELPFUL
Rated by Participant: DBB6DCFBEAF258B7E4E641D31DE9D9DF7EF0364BBAF6915D169D553D9B6626CF
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