Dec 4, 2019

2019 Insurance Regulation Report Card

Key Points

1) For the sixth straight year and the seventh time in the eight years we have compiled this report, Vermont had the best insurance regulatory environment in the United States.
2) For the second year in a row, Louisiana had the worst score in the country, edging out second-to-worst New York.
3) The biggest improvements were seen in Florida (from a B to an A-), Montana (from a D to a C-) and New Mexico (from a B- to a B+). The biggest declines were seen in Colorado (from a C to a D+), Maine (from an A- to a B) and Oregon (from a B to a C+).

In 2019, we saw progress toward more competitive insurance markets. Residual property insurance mechanisms continued to shrink. Florida enacted landmark reform of its assignment-of-benefits system and Michigan finally ended its mandate that all personal injury protection policies must provide unlimited lifetime medical benefits, which had driven out-of-control costs for decades.

Press release: The R Street Institute Releases Eighth Annual Insurance Regulation Report Card [1]

2019 Insurance Regulation Report Card

Key Points

Endnotes

Related Publications

2019 Insurance Regulation Report Card

Key Points

Endnotes

Related Publications

Fiscal Policy in a Time of Crisis

1) Congress must act - but this is no time for pork or pet projects. 2) Relief must be immediate, targeted, and temporary. 3) Federal help should bolster the work states are doing, not replace it.

Read our Analysis

1) Congress must act - but this is no time for pork or pet projects.
2) Relief must be immediate, targeted, and temporary.
3) Federal help should bolster the work states are doing, not replace it.