From Insurance Business:

A December report by research firm R Street evaluated the climate of insurance regulation across American states, with respect to politicization and fiscal efficiency among others.

Southern states got a generally low score with the exception of Texas, which got a perfect 10 out of a possible 10. In comparison, Oklahoma got a 2.1 rate, with Louisiana on its heels with its 2.9 score. Arkansas got a 5.7 grade, taking up a middle position.

“Insurance regulators are public servants, and thus it is nec­essary and valuable for the public to have oversight of their activities. But such oversight is properly exercised through the executive, legislative and judicial branches. Trained, pro­fessional regulators can much more effectively enforce the law, unbidden by the shifting winds of political passions,” author RJ Lehmann explained in the report.

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