As someone who has spent a stupid account of time on property insurance in the last few years, for family and for work, I actually support allowing the price increase. Our insurance was so insanely cheap for a long time, and prices were regulated so carriers couldn’t increase prices. Well, it became unprofitable, partly due to the wildfires. Carriers just withdrew from California completely. It left a huge hole in the market that is filled with surplus-lines / out of state insurers and their prices seem to be completely unregulated and unreasonable.