Birdwatch Note Rating
2025-01-09 02:53:59 UTC - HELPFUL
Rated by Participant: 5CE7A0C68B778FFA81304E130CD026D0C6D9BF1A95F66A98C62C2EDB73EE2E60
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Original Note:
Insurers are not cancelling but failing to renew policies because California has price controls stopping risk from being priced accurately in the state. https://www.insurancejournal.com/news/west/2024/03/20/765883.htm Price controls are known to cause shortages. https://en.m.wikipedia.org/wiki/Price_controls
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