"This plan could drive the price of home insurance up by 40%," said Jamie Court, president of the watchdog group. "Tellingly, the commissioner did not do a cost impact analysis of his plan on consumers. That's because this plan is of the insurance industry, by the insurance industry, and for the industry. The commissioner has left no opportunity for public comment on the regulation before it is final by issuing it on an emergency basis. It's the worst type of power grab."
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