State law (11 - 17 of 17 items)
Insurance Regulation: Problems in the State Monitoring of Property/Casualty Insurer Solvency
GGD-89-129: Published: Sep 29, 1989. Publicly Released: Nov 14, 1989.
Pursuant to a congressional request, GAO reviewed state monitoring of property/casualty insurer solvency, focusing on: (1) how state insurance departments detected financially troubled insurers; (2) the resources available to states for monitoring insurer solvency; and (3) the extent to which states shared information and otherwise cooperated in dealing with problem insurers.GAO found that: (1) st...
Insurer Failures: Property/Casualty Insurer Insolvencies and State Guaranty Funds
GGD-87-100: Published: Jul 28, 1987. Publicly Released: Jul 28, 1987.
In response to a congressional request, GAO provided information on property/casualty insurance company insolvencies, specifically the: (1) incidence of insolvencies; (2) characteristics of selected insolvent companies; and (3) system of state guarantee funds established to pay claims against insolvent insurance companies.GAO found that: (1) the incidence of insolvencies has generally followed the...
Auto Insurance: State Regulation Affects Cost and Availability
OCE-86-2: Published: Aug 5, 1986. Publicly Released: Sep 5, 1986.
In response to a congressional request, GAO analyzed the effects of state regulation on the cost and availability of private passenger automobile insurance, specifically: (1) the differences in the methods that states use to regulate insurance rates and to ensure the availability of insurance; and (2) the experiences of states that have placed restrictions on the factors that insurers may use to e...
Insurance: Activity Under the Product Liability Risk Retention Act of 1981
HRD-86-120BR: Published: Jul 22, 1986. Publicly Released: Jul 22, 1986.
In response to a congressional request, GAO provided information on the extent to which risk retention and purchasing groups have formed under the authority of the Product Liability Risk Retention Act of 1981, specifically: (1) the number of firms with collective self-insurance under the act; (2) the types of firms most frequently organized under the act's provisions; (3) obstacles faced by groups...
Comments on H.R. 5646
B-196663: Published: Jan 10, 1980. Publicly Released: Jan 10, 1980.
Proposed legislation would extend disclosure coverage to certain insurance records and improve information practices in the insurance industry, among other purposes. Under the bill, insurance records of consumers would be protected from disclosure in a similar manner to that presently provided by the Privacy Act for records systems maintained by Federal agencies. The bill addresses: expectations o...
Issues and Needed Improvements in State Regulation of the Insurance Business
PAD-79-72: Published: Oct 9, 1979. Publicly Released: Oct 9, 1979.
Insurance consumer protection and regulation have been conducted on the state level since the passage of the McCarran-Ferguson Act in 1944. A study, which examined the resources and activities of the state insurance departments through a questionnaire to all states and a fieldwork sample of 17 states, found serious shortcomings in state laws and regulatory activities. Its primary focus was on regu...
Issues and Needed Improvements in State Regulation of the Insurance Business (Executive Summary)
PAD-79-72A: Published: Oct 9, 1979. Publicly Released: Oct 9, 1979.
States have the primary responsibility for regulating the business of insurance. Critics charge the national insurance industry is not effectively regulated at the State level, and that the State insurance departments do not adequately protect consumers. State regulators, on the other hand, maintain that they do serve the public. GAO examined the resources and activities of the State insurance dep...