If you need a recap on what’s happening in the circus surrounding Garamendi’s war on territorial rating in California auto
insurance, you should check out this
well-written article over at Declarations and Exclusions:
Who would ever have suspected that High Drama could surround the ongoing argument over “ZIP Code” rating of auto
insurance policies? And yet, yesterday, the running dispute between California Insurance Commissioner John Garamendi and the
insurance industry over auto insurance rates boiled over into foaming, finger-pointing hubbub. It must be an election
year.
I’m glad that I’m not the only person finding a perverse sense of amusement in watching the spectacle. 