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TwoQuestions
Aug 26, 2011

BiggerBoat posted:


- "Open up insurance across State Lines and restrict tort lawsuits". I don't know enough about this to comment intelligently on it but it smells like bullshit designed to increase profits, not provide better care. Maybe some other goon who knows more than me can weigh in?


The same reason credit cards are in Delaware. It allows insurance companies to pick and choose which set of State laws they want to follow, which results in a race to the bottom wrt rules and taxes around insurance policy. It's basically a way around state's rights to regulate companies in general.

https://www.forbes.com/sites/clairetsosie/2017/04/14/why-so-many-credit-cards-are-from-delaware/#2af6f8901119

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