Posted On: August 8, 2008, 1:29 pm CDT

Posted By: Walter

Actually this could cause people to rethinl how prop 103 afects them, which could be good for us all. Most people arn't going to want ANYONE much less the big bad insurance company in their private lives, but if you look logically at prop 103, a monitoring device of some kind is needed to apply rates. Betcha within a year, some legislator close to the 103 crowd will quietly try intorduce a billto take milage out of the calculation and all of a sudden we'll be back to territory rating. As long as the prior approval and hearings are enshrined so that the 103 folks can keep their lavish earnings, they really don't care. Mark my words.