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California Ballot Initiative Could Overhaul Prop 103 Insurance Regulations

Name: California Ballot Initiative Could Overhaul Prop 103 Insurance Regulations
Uploaded: 2025-10-08T07:00
Channel: NBC Palm Springs
Description: A proposed California ballot measure could dramatically change Prop 103, the 1988 law that regulates insurance rates. Legal expert Walter Clark warns that one version of the proposal would allow insurers to set premiums without public oversight, potentially undermining consumer protections, while another version seeks to expand Prop 103.

By: NBC Palm Springs

October 8, 2025

CaliforniaProp 103insurance regulationballot initiativeconsumer protectioninsurance premiumsderegulationlegal expertinsurance commissionerpublic oversight

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