Birdwatch Note Rating
2025-01-10 05:19:15 UTC - HELPFUL
Rated by Participant: E69350C7CC315FB8A4BF0416B4E7679E988906F61BD68CD57D5746888138932E
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