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A State cannot compel anyone to be in business in that state, nor can they prevent a business from dissolving or leaving the state (or censure a business for do
by mikece 3y ago
A State cannot compel anyone to be in business in that state, nor can they prevent a business from dissolving or leaving the state (or censure a business for doing either of those two things). I'm sure California will pass unconstitutional legislation attempting to do exactly that but it will be annulled.
(Why any business stays in California is beyond me...)
- Gibbon1 3y ago> (Why any business stays in California is beyond me...) Money and a high quality workforce.
- dragonwriter 3y agoWhile that's an obvious kneejerk reaction to the least sensible reading of the headline, California is actually adopting rules to alter the conditions of the insurance business in the state to create greater incentives (and reduce specific existing disincentived) insurers offering homeowners insurance in the state in general, and high wildfire risk areas in particular, not prohibiting departures or forcing people to create insurance businesses, as the article makes quite clear.