Yearly Archives: <span>2016</span>

State Regulation Report Card: R Street Grades Them from Best to Worst

For the second year in a row, Vermont has been graded at the top of the class as having the best insurance regulatory system, while North Carolina has again been graded as having the worst, according to the fifth edition …

South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops

No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory systems. Grades assigned to the insurance regulatory systems in …

Midwest Regulation Report Card: States’ Grades Range from A to D

Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a report recently released by a conservative-leaning …

Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades

North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance Regulation Report Card scores state …

West Regulation Report Card: California Most Politicized State

A report gives California’s insurance regulatory environment low marks for auto body repair rules, the insurance commissioner’s call for insurers to divest from coal, its prior approval law and being the “most politicized state in the country.” California was given …

Ohio Jury Hits DuPont with $2M Ruling over Teflon-making Chemical

A U.S. jury in Ohio ordered DuPont to pay $2 million to a man who said he developed testicular cancer from exposure to a toxic chemical leaked from one of the company’s plants, according to the plaintiff’s lawyer Robert Bilott. …

East Regulation Report Card: Vermont Ranks Best for 3rd Straight Year

The R Street Institute, a nonprofit public policy research organization headquartered in Washington, D.C., has found that Vermont has the best insurance regulatory environment in the U.S. for the third straight year in its annual Insurance Regulation Report Card. The …

Activist Kids in Washington Allowed to Go Forward with Climate Case

Eight Seattle children should have “their day in court” to argue that Washington state and others aren’t protecting them from climate change, a judge ruled. King County Superior Court Judge Hollis Hill on Monday allowed the young petitioners to move …

Uber Capitulates, Takes Self-driving Cars off Streets of San Francisco

Uber Technologies Inc has removed its self-driving cars from San Francisco streets after California regulators cracked down on the week-old program because the company had not obtained a permit to test the vehicles. The California Department of Motor Vehicles said …

Brexit Threatens 10% of London’s Financial Jobs: City of London Corp. Official

Up to 10 percent of jobs in London’s financial district may be lost if Britain fails to secure adequate access to European Union markets after Brexit, a City of London official said on Wednesday. Bankers first called for full access …