What happens is we all benefit from that. You know, hey, my rates didn't go up this year, but guess what, because my rates didn't go up and because now State Farm and these other insurance companies aren't able to actually have a business case that continued to operate in California. by the way, this isn't news from saying, you know, hey, I want to make sure your, your profit margins are below it. He's, he is. It's predatory behavior. (1:12:13–1:12:21)
CLAIM
Asserts that insurance companies like State Farm cannot sustain operations in California due to current policies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
