Articles by Alan Smith

Detroit Mayor, Statehouse Leaders Take Another Shot at Michigan No-Fault Reform

The state that long has been home of the American auto industry also long has taken a unique approach to auto insurance. The Great Lake state is the only one in the country that requires auto insurance policies to pay …

N.C. Lawmakers Again Scuttle Bill to Reform Rate Bureau

Most of the auto insurance industry has for several years been trying to convince North Carolina’s lawmakers to eliminate the last vestiges of the once-common “rate bureau” system, under which the government ordains that companies must use rates set by …

Signs of hope in North Carolina

The North Carolina House of Representatives passed a bill 119-1 Monday which, for the first time, would disclose to North Carolina drivers what they pay in surcharges to the North Carolina Reinsurance Facility. The facility is a state-mandated entity for …

Insurance Industry Needs Better Arguments for ‘Price Optimization’

Back in her high school days, my daughter got to be a pretty darned good field hockey player, eventually became the captain of her team. But in her sophomore year, Regina was still locked in a competition with another student …

Detroit Takes Another Title: Highest Car Insurance in America

The Detroit-Warren-Ann Arbor metropolitan area has higher auto insurance rates than any other top 25 metro area in the United States. It wasn’t even close, according to the financial information provider (Bankrate Insurance) quoted in USA Today. With average rates …

Wisconsin Workers’ Comp Insurers Propose to Rein in Costs

States once again show the way to management and reform of public systems by having affected interests sit down together to work out a plan. In Wisconsin, the nation’s oldest workers’ compensation program historically has been maintained through negotiated revisions …

Insurance Shows That Federalism Works

Fifty-four years ago, the Advisory Commission on Intergovernmental Relations was established by statute to examine the best or most logical accommodations of federalism. For many years, it held quarterly meetings in the New Executive Office Building in Washington, letting some …

Indiana Balance-Billing Law Latest in Fight Over ‘Reasonable’ Charges

One of the long-standing tensions in health care finance — whether you’re talking about health insurance or managed care, for-profit or non-profit, workers’ compensation, Medicare, Tricare, automobile medical payments, Medicaid, the Children’s Health Insurance Program, and dozens of state versions …

Could this be the Year for No-Fault Reform in Michigan?

Maybe the Michigan auto insurance law was “essential” when it became law, but in the last four decades it has become luxurious compared to all other states. Gov. Rick Snyder and insurance committee chairs Sen. Joe Hune, R-Hamburg Township, and …

Michigan’s Unlimited Auto Insurance, Revisited

Most of the attempts to fix Michigan’s long-time Essential Insurance Act have ended as spectacularly as the meteor which exploded over the Ural Mountains town of Chelyabinsk a few days ago, injuring over a thousand stunned residents of central Russia. …