"The commissioner is an elected official and he's trying to serve his constituents in a way that does not favor market forces," said David Russell, a professor of insurance and finance at California State University, Northridge. "But if you suppress rates, you're going to get availability problems."
https://www.arkansasonline.com/news/2022/sep/27/auto-insurers-fall-back-amid-california-inaction/
--The Arkansas Democrat Gazette
Clip Category
Northridge