The new type of insurance did not compensate, it erased. It reversed any event, and its effects were untraceable. A legislator introduced a bill to ban it, but as the bill moved through committee the ban was removed and replaced with heavy regulations, and then these moved to the background of discussions, and the focus became centered on proposals for how the government could purchase these insurance contracts as a form of legislation. Many wanted to nationalize the insurer offering these policies, but the company was located offshore.


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