Competing ballot initiatives set to reshape the market

With a long history of ballot-driven insurance reform,
California faces a potential election in 2026 that could dramatically alter the
property and automobile insurance markets. Three major initiatives — ranging
from protecting accident victims to rewriting the rules established by
Proposition 103 — are vying for voter approval, each with vastly different
approaches to regulation, consumer protection, and insurer participation. This
article delves into the specifics of thes…