That sounds like a great idea, if you can get it implemented. Policymakers seem to be going in the opposite direction with things like tort reform (dollar value

That sounds like a great idea, if you can get it implemented. Policymakers seem to be going in the opposite direction with things like tort reform (dollar value limitations on damages), and insurers who make exceptions for "acts of God," like major natural disasters. Hundred-billion-dollar insurance policies on the habitability of areas several counties in expanse, along with courts willing to resettle entire cities as part of treble damages is far from the system we have! These astounding things would be necessary to fully replace regulation with liability, even for the often-seen-as-less-apocalyptic chemical industry, which is nonetheless capable of killing thousands in extremis, and that would have to be insured.