Opinion
Clearing the Air on Automobile Emissions Inspections
As with many other government programs, the costs outweigh the benefits for most taxpayers.
News
JLF: Current N.C. Auto Insurance System Hurts Safest Drivers
RALEIGH — North Carolina's auto insurance system imposes a special tax on all drivers that helps subsidize rates for high-risk drivers. That tax is part of a system designed to guarantee profits for insurers. Those are just two of the key facts highlighted in a new John Locke Foundation Spotlight report. It arrives as the General Assembly considers potential reforms.
News
N.C. Auto Insurance System Penalizes Good Drivers, Guarantees Private Profits
RALEIGH — North Carolina's auto insurance system penalizes the state's best drivers and guarantees profits for private insurance companies. It hurts women and older drivers, and hampers innovation. Those are key findings in a new John Locke Foundation Policy Report.
Opinion
N.C. Needs New Auto Insurance Policy
A system that benefits businesses while hurting consumers must change.
Opinion
N.C. Needs New Auto Insurance Policy
A system that benefits businesses while hurting consumers must change.
News
Friday Interview: N.C. Auto Insurance System Hurts Many Drivers
RALEIGH — N.C. Insurance Commissioner Jim Long ordered Thursday a 16.1 percent decrease in North Carolina’s maximum auto insurance rates. A news release from Long’s office estimated “potential savings of more than $1 billion.” The true picture is more complicated, according to Eli Lehrer, senior fellow at the Competitive Enterprise Institute. In July, Lehrer’s John Locke Foundation Policy Report labeled North Carolina’s auto insurance system the worst in the country.
