Consumers Support Increased Interstate Insurance Competition

Washington, DC, March 16, 2010 – Consumers want more competition and believe that increased competition would result in lower consumer prices, according to ACI’s 2010 Consumer Pulse Survey.  The survey of 1,000 households found that 70.4% of consumers support enacting a law that would allow insurance companies to compete across state borders, while 16.9% of […]

Survey Finds Consumer Want Choice and Competition Between State-Based and Interstate Insurance Companies

Consumers Support Insurance Regulatory Modernization Survey Shows Consumers Want Choice and National Competition Representatives Melissa Bean (D-IL) and Ed Royce (R-CA) have introduced the bipartisan National Insurance Consumer Protection Act (H.R. 1880) that would permit competition between state and interstate-chartered insurance companies. This ConsumerGram provides new survey results and finds strong consumer support for interstate […]