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Insurers say California’s inaction threatens auto policies


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California Insurance Commissioner Ricardo Lara speaks at a state Capitol news conference in Sacramento, Calif., Wednesday, Aug. 3, 2022. (AP Photo/Rich Pedroncelli)

Top U.S. insurance companies and associations say the state 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.


Originally published at Don Thompson
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