4 ms·

> California made it illegal to charge the real risk adjusted price for insurance I'd like to know more about this. Do you have a reference?

• bird_in_bush 3y ago
  https://en.m.wikipedia.org/wiki/1988_California_Proposition_103 https://en.m.wikipedia.org/wiki/1988_California_Proposition_...
  • quickthrowman 3y ago
    California is a great example of direct democracy being a terrible idea in most cases.
    • hallway_monitor 3y ago
      California is a great example of being terrible in most cases.
    • 2devnull 3y ago
      No, it’s a great example of demographics is destiny. It’s filled with old rich people who struck gold (prop 13, tech, show biz etc..). But also the most beautiful state, if you get off on that sort of thing.