Abstract
We investigate the semantics of historical counterfactuals in indeterministic contexts. We claim that "plain" and "necessitated" counterfactuals differ in meaning. To substantiate this claim, we propose a new semantic treatment of historical counterfactuals in the Branching Time framework. We supplement our semantics with supervaluationist postsemantics, thanks to which we can explain away the intuitions which seem to talk in favor of the identification of "would" with "would necessarily".