Birdwatch Note Rating
2025-01-10 06:00:48 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E5B5695A32CA39834E37DD08A1409D753D01FCEDD99BF419659382C203FD59CC
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