What we absolutely shouldn't be providing to insurers is tech that gives them an arbitrage over customers, whereby the risk asymmetry makes their product valuel

What we absolutely shouldn't be providing to insurers is tech that gives them an arbitrage over customers, whereby the risk asymmetry makes their product valueless. Even today most insurance is a scam to meet a "compliance" need for something else. that is, they have managed to get their product mandated, and it is a negative drag on the economy. They are rentiers who provide data and indirect tax revenue, and they do just fine thank you. This idea that insurers will be bankrupted by perverse incentives assumes a binary outcome, and ignores that insurers have operated without genetic information for a few centuries and yet somehow the industry persisted, and if we deprive them of it they will not survive. Please, it's time insurers had some skin in the game.