Several years back, the American Consumer Institute conducted a survey and found that 80% of North Carolina drivers would oppose any plan that to make good drivers pay more so that risky drivers could pay less. That is not surprising, considering better drivers tend to have fewer accidents and violations, making them less risky and […]
The federal government has been slow to adapt to the realities of climate change. Disaster management programs and policies designed a half-century ago are proving wholly inadequate for the challenges we face today — and those we know are coming. You can read this opinion piece in The Economic Standard.
As Congress considers a federal response to state and local budget strains caused by the COVID-19 crisis, a coalition of over 30 organizations, including the American Consumer Institute, sent a letter to Congress spelling out the principles needed for such a federal response — namely, be direct, transparent, fair, and responsible. You can read the […]
2020 has been an undeniably tough year already, and the hurricane season is projected to make it even tougher for communities along America’s eastern coast. Up to six major hurricanes are predicted, rising from an average of three, between the start of June though the end of November. Against the backdrop of an economy in […]
ACI joins a coalition of nonprofits calling on Congress not to lower the standards for credit reporting. Reducing the predictability and accuracy of credit reporting would ultimately lead to lower scores for credit worthy consumers, thereby limiting their eligibility for home mortgage loans and other forms of credit. The letter can be read here.
Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer: As a group representing millions of consumers and taxpayers, we fully understand the difficult plight affecting the vast majority of Americans due to the COVID-19 pandemic, and we support public policies that will bring them temporary tax and regulatory relief. However, we are strongly opposed […]
The COVID-19 pandemic should serve as a warning sign spotlighting the importance of disaster preparedness and the overwhelming need to impose crisis mitigation strategies nationwide. Let’s learn from recent history and confront the realities of natural disasters ahead of the curve instead of scrambling to flatten it after the fact. You can read the entire […]
ACI joined a group of nonprofit organizations and sent a letter to the President, House Majority Leader, and Speaker of the House calling on them to refrain from helping some self-interested businesses at the detriment of consumers and small businesses. The letter expressly addressed lobbying efforts by some to expand onerous Dodd-Frank regulations. The letter […]
Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer: We appreciate the efforts invested in addressing the ongoing challenges of the COVID-19 pandemic and stand ready to support efforts by Congress and the administration to coordinate an effective response to the pandemic. As policymakers consider measures to control the spread of COVID-19 and ameliorate […]
Floods are America’s most common natural disaster, causing millions of dollars of damage each year. To protect consumers, FEMA’s National Flood Insurance Program (NFIP) provides coverage for over 5 million policyholders. But analysis of recently released FEMA data shows that the taxpayer-funded program first and foremost bails out wealthy homeowners. Given that the program is […]