California’s put a hardcore socialist in charge of its broken insurance market. Now homeowners face a dangerous experiment
Summary
California voters decided to put a socialist in charge of the state’s insurance industry — not even two years after fires tore through the Pacific Palisades and Altadena. California homeowners are still opening non-renewal letters. Premiums keep climbing. Companies that once competed for business here have pulled back. Apparently, voters decided the answer was to...
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California’s put a hardcore socialist in charge of its broken insurance market. Now homeowners face a dangerous experiment
California voters decided to put a socialist in charge of the state’s insurance industry — not even two years after fires tore through the Pacific Palisades and Altadena. California homeowners are still opening non-renewal letters. Premiums keep climbing. Companies that once...
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