OP doesn’t emphasize liability insurance enough but part of the hope is that you can mandate that companies be insured up to $X00 billion, which costs them less than $X00 billion assuming that they’re not likely to be held liable for that much. Then the hope is the insurance company can say “please don’t do extremely risky stuff or your premium goes up”.
OP doesn’t emphasize liability insurance enough but part of the hope is that you can mandate that companies be insured up to $X00 billion, which costs them less than $X00 billion assuming that they’re not likely to be held liable for that much. Then the hope is the insurance company can say “please don’t do extremely risky stuff or your premium goes up”.