Auto insurance in South Carolina : recommendations to eliminate recoupment fees, increase insurance competition, improve enforcement of insurance laws, replace the Reinsurance Facility

South Carolina Legislative Audit Council

File:LAC_Auto_Insurance_1997-2.pdf

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Subject

Automobile insurance--South Carolina; Legislative auditing--South Carolina; Reinsurance--South Carolina; South Carolina Reinsurance Facility

Description

This report by the Legislative Audit Council reviews the laws, policies, and practices of the South Carolina Reinsurance Facility. The reinsurance facility provides insurance for divers in the "residual market", drivers who would generally have difficulty getting an insurance company to sell them a policy voluntarily, such as inexperienced drivers or those with a bad driving record. Due to excessive regulations, South Carolina has greatly expanded the number of drivers in its residual market and has reduced competition among insurance companies.

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http://hdl.handle.net/10827/1111

Notes:

This report is accompanied by a report summary.

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Date

1997-02

Author

South Carolina Legislative Audit Council

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Creator	South Carolina Legislative Audit Council
Date Accessioned	2011-06-01T16:45:48Z
Date Available	2011-06-01T16:45:48Z
Date of Issue	1997-02
Identifier (URI)	http://hdl.handle.net/10827/1111
Description	This report by the Legislative Audit Council reviews the laws, policies, and practices of the South Carolina Reinsurance Facility. The reinsurance facility provides insurance for divers in the "residual market", drivers who would generally have difficulty getting an insurance company to sell them a policy voluntarily, such as inexperienced drivers or those with a bad driving record. Due to excessive regulations, South Carolina has greatly expanded the number of drivers in its residual market and has reduced competition among insurance companies.
Media Type	Document
Item Language	English
Publisher	South Carolina State Library
Digital Collection	South Carolina State Documents Depository
Rights	Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Subject	Automobile insurance--South Carolina
Subject	Legislative auditing--South Carolina
Subject	Reinsurance--South Carolina
Subject	South Carolina Reinsurance Facility
Title	Auto insurance in South Carolina : recommendations to eliminate recoupment fees, increase insurance competition, improve enforcement of insurance laws, replace the Reinsurance Facility
Type	Text
Notes	This report is accompanied by a report summary.
Digitization Specifications	300ppi, Epson Expression 10000xl flatbed scanner with Adobe Acrobat X Standard software, Archival Master file is a multi-image TIFF; online version is a PDF/A-1b. Color depth varies by collection: 24-bit color, 8-bit grayscale, or black & white.