California Focus: Deception a new part of insurance crisis ...Middle East

News by : (Ukiah Daily Journal) -
Blackmail has been the rule for the last year as insurance companies terrified California’s insurance commissioner into giving them their way on almost everything they want. Deception has now joined this scene. The blackmail began when company after company cancelled policies last winter, while threatening to pull out of the state’s insurance sales market. When Commissioner Ricardo Lara gave in and granted price increases whose need had not been proven and thoroughly vetted, the industry turned to deception. This comes via manipulation of Lara, who is desperate for the companies to keep existing policies and write new ones for owners of property in areas the insurance industry deems endanger

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