Birdwatch Note Rating
2025-01-09 19:34:37 UTC - HELPFUL
Rated by Participant: F4B055E2BAC33956B652518855A6694461DC03E4B39B95B275D7A7D061617B41
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