Birdwatch Note Rating
2025-01-09 17:04:29 UTC - HELPFUL
Rated by Participant: F45D85D1027E08F351E5E001D6497F17E298D95618B5B7688D1E37D02A0D8AED
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