ICLE on California’s Insurance Market

San Francisco Chronicle – An ICLE white paper about California’s Proposition 103 insurance-regulatory system  was cited in editorial in the San Francisco Chronicle. You can read full piece here.

“Prop. 103 has created an insurance market that struggles to work efficiently even in the best of times and is virtually impossible to sustain in periods of acute stress,” concluded a white paper the International Center for Law & Economics released Monday.