California Insurer State Farm wants a massive increase in rates

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Town Bank - California Insurer State Farm wants a massive increase in rates and the state says they can’t have it. In a perfect example of democrats circular logic, claims have risen due to increased theft, unreasonable regulations leading to permits, inspections, and environmental impact studies where every layer along the way profits except the businessperson who pays for it all, on just a hope for profit at the end. Many have decided it’s not worth it and leave. If a hot dog vendors bottom line cost is $2 a dog, yet they’re forced to sell it for a dollar? Newsflash, they’re leaving town. Left says Why?

Print Publication Date: 
7/17/2024
Topic: