Birdwatch Note Rating
2025-01-10 00:02:52 UTC - HELPFUL
Rated by Participant: FADE0A0EDCBFF16547D0C283FC1C276879D7931AE62776A98FDF1FB87FE19479
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