Quote:
Originally Posted by ottopilot
...The freedom to conduct interstate sales was one of the many proposals to the legislation which was summarily dismissed without debate....
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In fact, it was discussed and debated.
The proposal offered by the Republicans would have allowed insurance companies to domicile in the state with the least regulation (including American Samoa and Guam, if I recall) and sell across state lines under those weakest regulations, offering little, if any, consumer protections.
The proposed amendment was wisely defeated.