On the recordMarch 17, 2021
if that risk is not priced into these products, as you say, when the companies are unable to pay out on the insurance claims, it is the taxpayers who end up picking up the bill.
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congress.govif that risk is not priced into these products, as you say, when the companies are unable to pay out on the insurance claims, it is the taxpayers who end up picking up the bill.
Van Hollen discusses the financial burden on taxpayers due to unpriced risks in insurance.
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