California E&S Insurance

Saw this post on a discussion board regarding California wildfires. Is this true or fake? Can't post a screenshot, so here's the entire post: >I'm an actuary for a large insurance company. We have AI proprietary software that maps insured assets along with weather forecasts and trends that are remarkably accurate. The system constantly models predicted losses and once the figure exceeds a certain number, cancellation letters are automatically generated for the insured in those locations. The model takes into account rainfall, humidity, seasonal winds and water levels in reservoirs. It's ability to predict is nothing short of miraculous. The homeowners will be offered new insurance if the algorithm deems it safe. Read your policies. Insurers may cancel at any time and for any reason. His 2nd post: >We use multiple vendors for weather and satellite data and even have a seismology data provider.

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  "title": "Saw this post on a discussion board regarding California wildfires. Is this true or fake?",
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