From The Advocate :
And then around Christmas, a free market think tank, the R Street Institute, based in Washington, D.C., gave Louisiana’s insurance situation the nation’s only F grade for the second year in a row. Litigation was not mentioned.
Instead, the R Street report found fault with Louisiana having an elected insurance commissioner who can decide if insurance companies can raise rates. “Louisiana employs a stringent system of rate regulation, which no doubt contributes to the lack of competition in its auto insurance market,” the report said.
- “The Advocate”: https://www.theadvocate.com/baton_rouge/opinion/mark_ballard/article_27b6ff74-2e5c-11ea-9c68-132ff1480956.html