Comment by andrewaylett
1 day ago
Oh, definitely. At least not without a lot of discussion around how much the extra insurance would have cost. I'm not in a position to implement it either :).
If we're going to have state intervention though (and it seems at least under suggestion, I've no idea how seriously, in CA) then rather than an insurer of last resort, we (or rather they) should consider what they actually want from their insurance.
There are specialty insurance companies that will underwrite almost anything, for any duration, for a high enough fee.
But if the state regulator sets a maximum cap they wouldn’t be allowed to…