Birdwatch Archive

Birdwatch Note Rating

2025-01-09 15:10:16 UTC - HELPFUL

Rated by Participant: E1571038B9B16AB162E1B6F4F5B90B4026A8C901DB6E1858F479BFA409066862
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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