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The escrow loss problem is a probabilistic game though, and one I'd be willing to bet that someone enterprising could offer insurance for; whether it's loans us
by barrkel 10y ago
The escrow loss problem is a probabilistic game though, and one I'd be willing to bet that someone enterprising could offer insurance for; whether it's loans using it as capital, or actual insurance.
- astrocat 10y agoThis is the correct answer. Exposure to future potential liabilities is a problem already solved by insurance. Think about it this way, it's like malpractice insurance for doctors. So there should be malpractice insurance for states/courts - if a conviction is later overturned and the state is liable for the return of property, it gets paid out by insurance.