▲ | PaulDavisThe1st 3 months ago | ||||||||||||||||
Yep. These are terms to operate as an insurance company in the state. If you don't want to do that, the rules have no bearing on you. | |||||||||||||||||
▲ | qeternity 3 months ago | parent [-] | ||||||||||||||||
Which effectively means that anybody in a less risky area of California is just subsidizing those who live in the risky areas. Premia across the board will increase as a result. Typical California redistribution...but this is from the bottom to the top. | |||||||||||||||||
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