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Nov 18, 2024
4:52
:29
pm
COUGZ
Bernard4Heisman
I'm not in this business, but doesn't this seem like an instance where the government should intervene? Why are those
that haven't used their insurance for any claims, penalized?
I know that's a myopic view point, but hey...it is what it is.
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COUGZ
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COUGZ
Joined
Oct 6, 2001
Last login
Nov 18, 2024
Total posts
21,435 (1,440 FO)
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Messages
Author
Time
California residents need to be prepared for more insurance increases.
JAGA97
4:50pm
Sacramento is barreling towards many hard lessons on how reality bats last. This is just one example.
cheezedawg
4:51pm
I'm not in this business, but doesn't this seem like an instance where the government should intervene? Why are those
COUGZ
4:52pm
That is what they've been doing, which is why carriers are pulling out.
marooncoug
4:54pm
See...I don't understand.
COUGZ
4:58pm
I'm sorry but that doesn't make sense. Carriers are not insuring CA customers
BleedCougarBlue2
4:58pm
The state has capped what insurers in high risk areas can charge and how they have to respond to claims
WP17
5:01pm
Insurers, like any business, exist to make money. The state sets the terms under
marooncoug
5:12pm
Eventually govt will take over as the sole insurer. Which is what some want
willkie40
4:56pm
That will be great. Takes the CA insurance Dept. 6 months right now to approve
JAGA97
5:11pm
Great. Ruin both healthcare and auto repair. I’m for DOGE. Govt - go away
Bluforever
5:37pm
lol the insurance companies are fleeing because of government intervention.
cheezedawg
4:57pm
Like I said...I don't understand. So thank you.
COUGZ
4:58pm
Insurance is highly regulated. These insurance companies have to get approvals
rainorsnow
5:02pm
Ahhh.....now THAT makes sense.
BleedCougarBlue2
4:59pm
That is the entire problem. The government needs to stay out of it!
fulano
5:07pm
SHOCKING!!!!
fulano
5:06pm
Wait until the 7.5 earthquake hits. Way overdue.
cougar95
5:14pm
Get ready for government provided insurance policies.
Mister P
5:29pm
That’s exactly what I was thinking
BYU Grounds
5:35pm
And a trillion tax dollars
Bluforever
5:36pm
It’s already here. CA created the problem-Ins Co left-now CA is the answer:
kalifi
6:00pm
I remember when Washington tried something similar to the individual health products. All providers left the state.
Rules For Thee
5:44pm
What's the difference between California and the Titanic?
Cougar Junkie
6:07pm
California is an anchor trying to drag us all down.
Pro Logic
7:02pm
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