There is a movement happening in the UK right now. Insurance companies are considering the idea of raising insurance premiums for anyone who uses social networking sites. This includes sites like Facebook or Twitter. They say premiums could rise, even if only your children are on social networking sites. Why? Because burglars are using the sites to "shop for victims" ... keeping track of when you are on vacation, home addresses, birthdays, etc.

The question here is whether or not the insurance regulations in the UK will allow insurance companies to compete on something like this. The private market can take care of asinine ideas like raising premiums on Facebook customers. Let some company try this, and another company comes along and steals their customers. All you need is competition. Unfortunately, competition is poison to governments. We'll see what happens.