Thread

I was listening to one report demonizing insurance companies for dropping residents fire insurance (which is tragic right now no question), but if you regulate what the company can charge for premiums…what do you expect? The whole thing is just so tragic…but every time we start trying to manipulate free market dynamics, we get undesirable after effects. Praying for the folks that are so tragically affected, and praying they get better leadership in the aftermath. 🙏🏻

Interesting post by Michael Shellenberger

Yes, they are direct victims of the state, make no mistake. Like a good neighbor, State Farm flew the coop on California recently, preferring to do business on less monopolistic lands than to patronize this perversion of price signals. I pray that mass exodus from this place is coupled with a rise in awareness of this very fact.