Your attention is urged to a review of the open competition rating law enacted by the State of Vermont in the Mid 1980’s. Even the Fed. Ins. Admin. lauded the balanced approach this legislation produces if “properly” regulated. This is key to any reliable and responsible body of law. The tool can never be better than the artisian. Unfortunately, most top regulators in the game are either out for personal (or POLITICAL) gain or are ill trained for the job; or both.
Your attention is urged to a review of the open competition rating law enacted by the State of Vermont in the Mid 1980’s. Even the Fed. Ins. Admin. lauded the balanced approach this legislation produces if “properly” regulated. This is key to any reliable and responsible body of law. The tool can never be better than the artisian. Unfortunately, most top regulators in the game are either out for personal (or POLITICAL) gain or are ill trained for the job; or both.