California threatens penalties over insurers’ stalling tactics against car insurance buyers

5 months ago
5

he industry’s usual response when asked why insurance isn’t more available and affordable in California — the state Insurance Department is also putting in place regulations to address problems in the home- and fire-insurance markets — is to point to state regulations. Ritter said she could not comment when asked for an explanation of how regulations could trigger the auto insurance delays consumers and lawmakers are reporting

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