3 ms·
I think the idea of MANDARORY liability insurance against regulatory fines is very interesting. The insurer is motivated to incentivise effective risk-reductio
by konschubert 4y ago
I think the idea of MANDARORY liability insurance against regulatory fines is very interesting.
The insurer is motivated to incentivise effective risk-reduction behaviour - the government only has to define the penalties.
- ttymck 4y agoOr the insurers are incentivized to lobby for regulation reduction or, worse, cover-ups
- konschubert 4y agoIt’s true. But the current state is also untenable. People are dying that could be saved if we weren’t making medical trials and environmental review so costly.