dbair1967
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Many will raise rates, some will just exit the market. Which will also lead to higher premiums.Is this real? If it is, it i hard to believe anyone could be so ignorant of how insurance companies work. They may stay in Georgia, but not without raising premium rates to offset the risks these policies would introduce.
I have heard rhetoric like this before, but once it goes through the process, smarter people who control the Democratic party will pull this stupidity out of any new laws. If not then voters will get what they deserve.
It looks like this, They pass these laws, insurance companies raise rates if they can, and voters complain and Democrats fix the laws to ease up. It higher rates are denied, and they will be at first, insurance companies will stop offering policies in Georgia, or at least threaten to. Then the state will compromise and allow a series of rate increase hoping consumers don't notice. They will eventually and the state will toos out their new laws.
I've seen this in my own state of NJ.
It's a death cycle.
