The Public Option is Here for Property Insurance
 
When someone knowingly sells property insurance, but has no financial backing to pay insurance claims, it is fraud.  But when state insurance commissioners, like those in Florida and most recently in Texas, encourage insolvent insurance operations, it is just politics, and taxpayers and consumers are left to pay the difference. 
 
A couple of [...]

To read ACI’s latest news article on CNBC.com, visit http://www.cnbc.com:80/id/34481358
To read our recent retail electronics study, visit: http://www.theamericanconsumer.org/2009/11/10/american-consumer-institute-releases-study-finding-no-difference-in-consumer-electronics-prices-between-wal-mart-and-best-buy-study-calls-for-wal-mart-to-improve-on-shelf-labeling-to-ensure-shoppers/

Washington, DC, December 16, 2009 –– Consumers oppose the current Senate Healthcare legislation by a two-to-one margin.  In a nationwide survey conducted by the American Consumer Institute Center for Citizen Research (ACI), 48% of Americans oppose the Senate bill, while 24% support it. 
 
The survey results also find that 90% of consumers believe that they [...]

On December 3, 2009, ACI Experts Dr. Larry F. Darby and Dr. Joseph Fuhr, Jr. discuss the effects of hidden credit card fees on consumers and retail merchants.  Click here to here the entire audio. call-audio1

You can view the letter here

IMMEDIATE RELEASE
Texas Insurance Commissioner Votes for Public Option:
Consumers Pay More and Get Nothing in Return

Washington DC, October 19, 2009 –– The following is a statement by Steve Pociask, president of the American Consumer Institute:
The American Consumer Institute is very disappointed by Commissioner Geeslin’s decision to disapprove the rate filing recommended by the government-established and [...]

Much of the current health care debate centers on the provision of private health insurance versus the public option. On one side of the debate are those who point to private enterprise as the fruit of entrepreneurial efforts and capitalism, which leads to greater operational efficiency and lower consumer prices. The other side sees a [...]

Read this editorial in the Fort Worth Star Telegram on how subsidizing coastal property harms inland property owners and depletes natural storm barriers and increases the states insurance costs more than just aligning prices with risk ….  see
http://www.star-telegram.com/242/story/1626714.html

The September 17, 2009 Best’s Insurance News reports that three state insurance commissions will provide direct conversations with the insurance industry in return for a $1,000 donation.

The front page of the Washington Post (8/17/2009) reports:
White House press secretary Robert Gibbs said on CBS’s “Face the Nation” that Obama “will be satisfied” if the private insurance market has “choice and competition.”
ACI wants increased choice and competition too; and so do consumers, according to recent survey data.  Consumers believe that increased competition would reduce prices.  But, [...]