Looks like Obama is making more concessions to the right by giving the "tort reform" issue some very undeserved attention and $3 million in grants/research funds even though IMO this issue has been completely debunked.

Another issue I keep hearing from the rightwingers in the media (and FL has brought it up more than once) is the issue of increased competition in the market by letting insurance companies sell across state lines, meaning that since it's the states that regulate insurance, they can setup shop in a "big insurance friendly" state with very little regulation and then sell to other states while ignoring those other states' own regulations.
Right now I'm not onboard with this idea because I can see the potential for massive abuse.

Can someone (FL, TGLC, or any proponent of the idea) explain to me what will keep this from becoming a "race to the bottom" in the insurance industry?
Who will regulate interstate policies?
Are you proposing another massive Federal agency to take the place of all the states' agencies?
Who will enforce the regulations?
If your insurance company screws you do you go to court in your state or do you have to take them to court in the state where they are incorporated?
What will keep every insurance company from closing their offices in every state except the one with the lowest standards... or God forbid, some US territory where there are no regulations at all?

If the right safeguards are in place I would be happy to agree to this but right now I can only see the ugly side of it, and from where I'm sitting it looks damn ugly.