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Insurers say California's inaction threatens auto policies

Por: Associated Press Life September 26, 2022

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SACRAMENTO, Calif. (AP) — Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve any rate increases for more than two years, since the start of the coronavirus pandemic.The companies already are cutting back and say they can’t continue operating at a loss while Insurance Commissioner Ricardo Lara delays rate cases filed by companies... + full article



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