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

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.
URI
http://hdl.handle.net/10827/1111
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Date
1997-02
Author
South Carolina Legislative Audit Council
Metadata
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Date Accessioned2011-06-01T16:45:48Z
Date Available2011-06-01T16:45:48Z
dc.descriptionThis 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 TypeDocument
Item LanguageEnglish
PublisherSouth Carolina State Library
Digital CollectionSouth Carolina State Documents Depository
RightsCopyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
TypeText
sd.notesThis report is accompanied by a report summary.
Digitization Specifications300ppi, 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.