NO! For what? Chosing not to enter a high-risk business should be NO BUSINESS of the Govt and certainly should not result in retaliation.
What a crappy statist idea that is! Let's punish companies using the crushing power of the state when they don't offer services we want.
The state has a right to regulate insurance companies - I think most of them do, if not all.
This is merely another form of regulation.
In states like Jersey, Insurance companies have waxed fat on certain lines of coverage and lost some on others. Cutting off all homeowners policies is outrageous.
Any homeowner who has had their homeowner's policy eliminated by Allstate, and who also carries auto insurance with them should also drop that.
The Insurance Companies have become far too big for their britches.
Whether its actions like this one,or refusing to insure peole who keep certain breeds of dogs, or have guns in their houses, they are out of order.