“It would be a mad scramble to file rates. And it would be a huge administrative burden to go into great detail explaining why we’re letting substandard policies continue,” O’Grady says. “We’re six weeks away from Jan. 1. All that is almost impossible to do now.”…

“It has already consumed a vast amount of our resources,” he says. “And who knows, there will probably be another press conference in 25 minutes.”