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Because California wants to drive the price down. With this system there will both be more supply in the California market and as an investor and part owner, th
by compiler-guy 4y ago
Because California wants to drive the price down. With this system there will both be more supply in the California market and as an investor and part owner, the state can influence the price much more directly.
Whether or not it works remains to be seen. But driving down the price, both for the end consumers and California state insurance providers is the goal.