, but to be honest with you, before any of that, insurance companies are making lower profit margin than health insurance to begin with.

Shareholder controlled companies will always prioritize profits, but this time the state of California flopped the ball.

4/4
(I could write more but eepy)

1. Take a loss, insure people until bankruptcy
2. Stop offering fire insurance, lose any business from it

Obviously insurance COMPANIES, are out to make some money, so they dropped coverage.

In my idealized world, insurance would be nationalized or at least state controlled and operated, 3/?

for more money because they are “predicting,” your risk will continue to rise. (In California it has and will continue to rise due to climate change)

All of this has boiled down to insurers having two options:

2/?

I’ve seen this take allot… and I have some unfortunate news for you.

California passed a law that essentially bans home insurers from “predicting the future.” Now insurers obviously used to be able to predict future trends, and increase or decrease the monthly rates. Without this they can’t ask 1/?