Mandatory insurance is a recipe for disaster. Compare the cost of insurance in countries where it is mandatory to the cost here, and you will notice that ours is some of the cheapest in the world.
If you give private companies a captive market, prices will go up.
Origninal comment is deleted, so i can't see what you're responding to, but I would like to point out that we have had an ongoing war in Europe for the last three years...