The 9 worst states for insurance regulation: report
North Carolina is the worst state in the nation for free market-promoting insurance regulation.
That’s the finding from the 2015 Insurance Regulation Report Card, issued by The R street, a think tank promoting the values of “limited, effective and efficient government.”
In its annual review of insurance regulation across the country, the group assessed each state for proficiency in 12 areas, including ensuring carrier pricing flexibility; competitiveness in home, auto and workers’ comp markets; monitoring carrier solvency and efficiency.
Things appear to be heading in R Street’s preferred direction, with all but nine states receiving a passing grade of “C” or better in the report. Last year, 11 states failed to get a passing grade.
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