Quote:
Originally Posted by chad86tsi
From your article:
The extent of regulation varies widely from state to state.
California likes to be extra special in a lot of things, seems like a "natural consequence" is taking place.
|
If companies want to walk away from the most populous state and one of the richest in the country that is their prerogative, might not be the best idea, but it is their right....IMO, there is a much better way to handle it than flat out abandoning an entire state to make a statement...Some companies only insure safe drivers and only insure homes that aren't in a fire hazrd zone to keep their risks low....btw, California is just one of many states that insurance companies have left in recent years.
It's a high stakes game of chicken
Here is an interesting article about it.
https://www.reckon.news/news/2023/03...-coverage.html