Yeah, requiring purchase of insurance covering $BIGNUM seems more likely to work here, at least if you believe that insurance will be accurately priced (in ways that are sensitive to e.g. safety practices that would actually reduce risk), and you expect there to be catastrophes that are small enough to leave the insurer around.
Yeah, requiring purchase of insurance covering $BIGNUM seems more likely to work here, at least if you believe that insurance will be accurately priced (in ways that are sensitive to e.g. safety practices that would actually reduce risk), and you expect there to be catastrophes that are small enough to leave the insurer around.