I gave a talk on this to some smart high school students. Their main objection was not wanting those who seem to insurers more likely to commit crimes to have to pay higher crime insurance premiums.https://twitter.com/robinhanson/status/1025853613611122688 …
Yes they already do and much damage has resulted from their caprice and malice. This would just compound the damage they can do and introduce yet another vector for regulatory capture.