“The commissioner is an elected official and he’s trying to serve his constituents in a way that does not favor market forces,” said David Russell, a professor of insurance and finance at California State University, Northridge. “But if you suppress rates, you’re going to get availability problems.”
https://www.claimsjournal.com/news/west/2022/09/27/312894.htm
--Claims Journal
Clip Category
Northridge