Site Archives

GAO Report Finds State Insurance Funds Expose Consumers and Tax Payers to Massive Costs; Set Rates Below Risk


Here comes another potential bailout. The newly released GAO report, “Natural Catastrophe Insurance Coverage Remains a Challenge for State Programs,” supports ACI’s conclusion that state funds “discourage private market involvement and mitigation.”  The report finds that some states are setting insurance prices below cost, driving out private insurers and putting nearly involvent state-run “public options” in their place.  [...]

The End of Free Bank Checking?


The following is a link to an interesting Wall Street Journal Article.  The article discusses how regulations have increased bank costs and, logically, banks are now considering passing these costs along to consumers in the form of higher prices, such as bank fees and the end of free checking accounts.  This demonstrates that consumers are [...]

Fox Poll Finds Most Oppose Bailing out the National Flood Insurance Program


Click here to see the calculator and visit the poll.

American Consumer Institute Reacts to FCC Open Meeting on Broadband Reclassification


  FOR IMMEDIATE RELEASE                                                                                                                                                     American Consumer Institute Reacts to FCC Open Meeting on Broadband Reclassification   WASHINGTON – Following the Federal Communications Commission’s open meeting today, Steve Pociask, president of the American Consumer Institute, released the following statement:   “Why is the Federal Communications Commission determined to continue down this track of reclassifying [...]

Father Knows Best? FCC Decides To Give Itself The Authority That Congress Never Did


A recent decision by the U.S. Court of Appeals for the D.C. Circuit found that the FCC did not have full legal authority to regulate the Internet market.  So what did the FCC do about it? Today, the FCC announced its would use the “best legal framework” for broadband access.  What this really means is that the FCC will change its rules and reclassify broadband [...]

Finance Expert Professor Andy Puckett Joins ACI


We are pleased to announced the addition of Professor Andy Puckett as a finance expert for the American Consumer Institute.  Dr. Puckett is an Assistant Professor in the Department of Finance at the University of Tennessee.  He joined the University of Tennessee faculty in 2009 from the University of Missouri, where he taught investments to both [...]

Professor Lars Powell Joins ACI’s Team of Experts


ACI is pleased to announce the addition of another top public policy expert.  Dr. Powell holds the Whitbeck-Beyer Chair of Insurance and Financial Services in the Department of Economics and Finance at University of Arkansas-Little Rock.  He earned a Ph.D. in Insurance and Risk Management at the University of Georgia.  Most of his research focuses [...]

Senator Calls for FCC to Withdrawl in Quest to Regulation the Internet


A Senator from Michigan, Debbie Stabenow, has written a letter to the FCC Chairman asking him to not proceed with steps to regulation the Internet under Title II regulation.  A Democrat said that the Congress should address this issue, not the FCC.  The letter is here. letter-to-fcc-6-10-10-final

Questions Surface about a Marxist Link with White House Policy?


The daily caller wrote an interesting article about the efforts of Neo-Marxists to regulate the Internet and how their positions are aligned with the White House.  Here is the article: http://dailycaller.com/2010/06/11/the-neomarxist-who-is-helping-to-influence-obamas-media-policy/ Tell us what you think.  Is there a spurious link or is there something afoot?

Steve Pociask Testifies at New Jersey Hearing


New Jersey State Assemblyman Paul Moriarty introduced legislation that would require printer ink manufacturers to label ink cartridges.  At a June 10th hearing by the Consumer Affairs Committee, Steve Pociask presented information on the issue, concluding that manufacturers need to do a better job of product labeling in order to give consumers the information they need to make good buying [...]