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Home > Blog > True Rate Insurance Blog: proposition 33
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True Rate Insurance Blog: proposition 33

View the latest blog posts from True Rate Insurance.

Friday, September 28, 2012

California Proposition 33, Automobile Insurance Persistency Discounts (2012)

When it comes to pricing insurance, it's best to match risk and reward, and the only way to match risk with reward is by using information about past behavior. Insurance markets fail when that information is not forthcoming. Or when it is deliberately withheld, as it currently is in California, thanks to Proposition 103, passed in 1988. READ MORE >>
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