I mean the banking system, if you go back 30 years ago, a bank from Wisconsin couldn't go into Minnesota and vice versa or couldn't go into Illinois and vice versa. And then we saw The interstate banking laws crumbled and you brought in competition. The same thing should happen with insurance. You've talked about being able to buy across state lines. Absolutely. You talked earlier about the premium person getting hit by a car. What if these people don't buy insurance? (35:03–35:13)
CLAIM
Asserts that competition should be introduced in the insurance industry similar to the banking industry.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
