the State does in fact provide a reinsurance scheme of sorts - disaster designations and the release of funds...the Federal government provides a reinsurance scheme under that when they designate Federal disasters and release funds
not sure the State is equipped to take over the first level of insurance...go to the DMV some time and ask if that is who you want to deal with when you have roof damage from hail etc
years back, some insurers wanted to stop issuing home policies for people near the Santa Cruz Mountains due to fire risk. Dianne Feinstein applied pressure in the Senate and with some concessions, it all went away.
the US dollar is beyond the power of a rating agency
the fact that all of the industrial economies have generated so much debt in the last generation and still get AAA ratings tells you how pointless these ratings are for currencies-that-matter
Canada has the highest debt-to-GDP ratio in the G7 now and it also has AAA rating
until someone sells Martian government bonds backed by hard assets and yearly balanced budgets...buyers have no choice but to buy toxic assets
when governments inflate, they pay back debt with less worthy currency...so the US and everyone else is basically slow-motion defaulting over time anyway
unlikely...they are still Russian nationals and Putin can take action against their families if they try to grow brains (another tactic borrowed from Stalin)
in any case they wouldn't get far...who is supplying them with ammo and fuel on the road to Moscow? the US? Putin would empty the silos