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Diamond Member
- Nov 8, 2011
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Allowing insurance companies to sell across state lines will have the same effect as allowing credit card companies to do business across state lines did. They will all relocate to the state with the loosest regs and the other states will have no say in the matter.
What state has the loosest regulations, and what regulations is that state missing that is making you upset?
Not that knowledgeable about individual states but do you want the regulators in the poorest states desperate for businesses to move there having a race to the bottom to attract the jobs to their state? Or Alabama regulating insurance sold in California? Sounds like a recipe for vast corruption.