Birdwatch Note Rating
2025-01-10 16:35:23 UTC - HELPFUL
Rated by Participant: 7C87BF1394146495D4D80785A9836AAB39B89730ADBEDAA81F70A56FD071CF3A
Participant Details
Original Note:
The govt. stopped taking fire prevention seriously and told carriers they could only charge based on historical data, not future projections (except climate change). This artificially capped prices and made carriers feel overexposed, so they left. https://www.wsj.com/finance/california-home-insurance-los-angeles-palisades-fire-3cce96a9?utm_source=chatgpt.com https://apnews.com/article/california-home-insurance-wildfire-risk-premiums-047bdfa514ce93dac83c82735a15554a?utm_source=chatgpt.com
All Note Details