Birdwatch Note Rating
2025-01-09 20:24:50 UTC - HELPFUL
Rated by Participant: C960ACA7C6FBE97393AEC8E545E10B501F8F6C5426C05448D893EC28436685B0
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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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