THE SIMPLEST OF LAWS..... SUPPLY AND DEMAND
Real World Examples OF GOVERMENT TINKERING
United States
A February 4, 2009 Wall St. Journal article stated, "Last month State Farm pulled the plug on its 1.2 million homeowner policies in Florida, citing the state's punishing price controls... State Farm's local subsidiary recently requested an increase of 47%, but state regulators refused. State Farm says that since 2000 it has paid $1.21 in claims and expenses for every $1 of premium income received."
