[Beagle8U]

” They also cherry-pick which states are most profitable, threatening to leave the state if state insurance commissioners impose regulations that are too consumer-friendly. The states are handcuffed.”

That is the part you fail to understand!

If some socialist craphole state imposes a bunch of stupid regulations that make it unprofitable for business to operate, the voters in that state can vote them out of office.

Its not my problem!

If socialist morons want to screw up their state they can pay 100% of the cost of their actions.

[bw17]

You evidently don’t live in Florida. And we’re hardly a socialist craphole state.

Last year, I found it laughable as Crist and his opponents were laying out their plans as to what they would do to reign in the sky-rocketing home insurance costs. Anybody with knowledge of McCarron-Ferguson knew that there was no way that anybody at the state level could reign in home insurance costs.

Insurance cannot be regulated at the state level. It ought to be regulated the same way public utilities are regulated.