Birdwatch Note Rating
2025-01-09 16:19:01 UTC - NOT_HELPFUL
Rated by Participant: F364A636179D3452D2FF44B9FADA78110ED73DC3862E017E1EEF09A27A5D5D0A
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