Birdwatch Note Rating
2025-01-09 23:59:59 UTC - HELPFUL
Rated by Participant: FDA1C441BEA7C0E94032C0FFFD6EA25A0AE88B60DC96A881BB0B17BC599039DB
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