Birdwatch Note Rating
2025-01-09 20:34:47 UTC - HELPFUL
Rated by Participant: FD61421593543A217590BFC52BC8D71BD92A258E1D159C07B07790884A2A51C3
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