R Street
By R. J. Lehmann
June 4, 2012
The R Street Institute published its first research project as an independent institution today, a report card of the insurance regulatory environments in each of the 50 states. The report card builds on a series of annual reports my colleague Eli Lehrer previously conducted for the Heartland Institute’s Center on Finance, Insurance and Real Estate, and we plan to make it one of our flagship annual reports as well….
Based on the metrics we used, Vermont, Illinois and Ohio had the best property and casualty insurance regulatory environments in the U.S. this year, all rating more than two standard deviations above the mean. The best state, Vermont, scored 26 out of a maximum possible score of 55. Only one state, Florida, received a failing grade, falling more than two standard deviations below the mean. Other states falling more than one standard deviation below the mean include Alaska, Michigan, New York, California, Massachusetts and Texas….
To read the full story and for a link to the “Report Card”, go to:
http://rstreet.org/2012/06/04/r-street-report-card-ranks-vermont-best-florida-worst-regulatory-environments-for-insurance/
