Birdwatch Note Rating
2025-01-09 19:43:04 UTC - HELPFUL
Rated by Participant: 155A356767C881DCB11FADEC43A93781728705C46CCFD392539B9E3138EB4A68
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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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