Birdwatch Archive

Birdwatch Note Rating

2025-01-09 19:19:50 UTC - HELPFUL

Rated by Participant: DC00085AD3C9FCEA0C05A7A4919DDE86B53C8F3CEBE5010347A3EC30CB4B2C48
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

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All Information

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