Reform of insurance in a deadlock situation
Despite widespread agreement that auto insurance is a crisis of the need for reforms in many countries, most of the restructuring efforts remain stalled or ineffective, forcing drivers increasingly pay price high and insurers to familiarize themselves with the escalating legal, medical and automotive repair costs.The announcement last week by the Allstate Insurance Company, which is scheduled for running a business in New Jersey, where it is the largest auto insurer, was the latest example of the confusion and ‘destruction of buildings around the theme in some populous U.S..
Allstate New Jersey said the official was improperly denied, it increases despite years of losses and rising costs. New Jersey, regulators and consumers for Allstate responded that operations were inefficient and that the company should lower their prices. A national problem
Here in California, the regulatory authorities to stay connected in a legal battle with industry on the question of whether the state can compel insurers to reduce rates, as a proposed ballot spent nearly three years. Most drivers in California, have long abandoned hope, the reductions promised at any time, quickly and for many, prices continue to rise.
Massachusetts, have both tried to deregulation and regulation very tight - only to note that neither the pleasure of consumers or industry system - is now held its third revision regulatory 15 years
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