Birdwatch Note Rating
2025-01-09 23:14:53 UTC - HELPFUL
Rated by Participant: 77CAE788CA5357CC1EDD53E2DB0E2DA762902288A316992AD5DEE36A140D74B0
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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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