Agree. Keep it simple and clear.
Cannot get 60 votes in Senate.
Selling insurance across state lines is a STATE issue - there are no federal insurance licenses. Do we really want to undo STATES RIGHTS to that degree?
It is also the insurance company’s choice as to which states in which to seek a license. Some states are easier to deal with - others, not so much.
I’m not sure, but I think allowing federal chartering of banks led to the mega banks we have now.