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BiggerBoat posted:
The same reason credit cards are in Delaware. It allows insurance companies to pick and choose which set of State laws they want to follow, which results in a race to the bottom wrt rules and taxes around insurance policy. It's basically a way around state's rights to regulate companies in general. https://www.forbes.com/sites/clairetsosie/2017/04/14/why-so-many-credit-cards-are-from-delaware/#2af6f8901119
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# ¿ Aug 5, 2020 22:32 |
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# ¿ Apr 17, 2024 22:30 |