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It is surprising that the insurance industry isn't regulated.
by lamarpye 8y ago
It is surprising that the insurance industry isn't regulated.
- cagenut 8y agolol, no other market is more regulated than insurance, except maaaybe utilities. you can almost think of them as a financial utility because they are given special state licenses to allow them to collude on setting prices, which they basically have to do because of how extensively regulated they are.
- lamarpye 8y agoRight. I was being sarcastic.