Thanks for making this video. Now I understand why the insurance rates are skyrocketing and so many insurance (auto/home) companies are exiting the Californian market. Even tho’ these are business insurance related cases, they will inherently make all sorts of insurance rates increase as insurance businesses are for profit businesses. They look at the balance sheet and income statements across the board. The actuarial and pricing departments will have to compensate their losses with higher rates in products in other LOBs(lines of business). Everything comes back in a feedback loop. There are consequences to these kind of actions done by these illicit businesses. I suggest putting a lawsuit against the owner of this very company. So that this kind of vicious cycle doesn’t continue.
