From LexBlog:

North Carolina received another “F” from R Streets Institute’s 2018 Insurance Regulation Report Card. North Carolina finished 49th, with only Delaware getting a lower score. Louisiana and Massachusetts also received an “F”.

The report used three questions to rank the states and while they didn’t directly focus on claims, a high score to states with good property insurance products is beneficial to policyholders who will later have claims.

The annual report grades each state across seven dimensions. The three fundamental questions the report seeks to answer are:

  1. How free are consumers to choose the insurance products they want?
  2. How free are insurers to provide the insurance products consumers want?
  3. How effectively are states discharging their duties to monitor insurer solvency and foster competitive, private insurance markets?

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