LA fires could drastically drive up insurance premiums -- and test California's new market rules

[SWBTATTReg]

1. Yes, very possible. I'm watching closely. Just how many places across the Country can these insurance

companies restrict the issuance of policies to those areas of questionable safety, subject to disasters? What's next, any place where a tornado can strike, region-wise, don't issue policies. Anywhere when floods can hit, don't issue policies. Anywhere where traffic is a constant nightmare, don't issue policies. Anywhere where the murder/accident rate is high (per some artificial standard that the insurance companies themselves made up), don't issue policies.

They keep doing this then there won't be anywhere left where these companies can write policies. Might as well go out of business, refund prepaid amounts back to policy holders.