insurance

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…

Click here to view and here to listen to Fergus Hodgson discussing this Spotlight report. RALEIGH — North Carolina could reverse its unemployment insurance deficit and repay its…

North Carolina’s auto insurance system is unfair to low-risk drivers because it overcharges them in order to subsidize some of the state’s more risky and dangerous drivers. Every insured driver pays a hidden tax, and private insurance companies are guaranteed a profit. This report recommends reforms to improve the system.

Click here to view and here to listen to Eli Lehrer discussing this Policy Report. RALEIGH — North Carolina’s auto insurance system penalizes the state’s best drivers and…

North Carolina's little-known Beach Plan imposes an enormous fiscal liability on the state. Intended largely to provide windstorm insurance for coastal residents unable to find coverage elsewhere, the Plan has grown to become one of the nation's largest entities of its type.

RALEIGH — North Carolina could face a “property insurance disaster” unless it takes steps soon to shore up its coastal Beach Plan, according to a new John Locke Foundation…

North Carolina’s government-controlled auto insurance system is unfair to good drivers because it overcharges them in order to subsidize some of the state’s more risky and dangerous drivers. Every auto insurance policy written in the state has a hidden tax – which averages 6 percent – that goes to the government-mandated, privately run insurance pool. Download PDF file: North Carolina’s Unfair Auto Insurance System (544 kb)

RALEIGH – North Carolina’s auto insurance market does not work. It undercharges many bad drivers and overcharges nearly all of the best drivers while guaranteeing profits for insurance companies. That’s…

Click here to view and here to listen to Joseph Coletti discussing this Spotlight report. RALEIGH – North Carolina could make health insurance more affordable for everyone by…

Health insurance should act like insurance, not a payment plan for regular medical needs. It should also be available for individuals to purchase in a deregulated market. A high-risk pool for health insurance, as in other insurance markets, would keep premiums affordable for the small percentage of those with significant care needs without raising costs for the entire market. The state of North Carolina should finance any high-risk pool entirely through the General Fund and existing taxes, rather than assessments on insurers or other hidden taxes. Money for a high-risk pool can come from Medicaid savings.