Birdwatch Note Rating
2025-01-09 03:03:49 UTC - HELPFUL
Rated by Participant: BA476D8C9222B78C6A4C710B479A5574717215153A8BEAB45A9A0FD54C721D7C
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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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