1. No Risks Preferred.
- Author
-
Ridgeway, James
- Subjects
- *
BUSINESS & politics , *AUTOMOBILE insurance , *INSURANCE companies , *PUBLIC welfare , *TRADE regulation , *INDUSTRIAL policy - Abstract
Recommends reforms of the automobile insurance industry by allowing the U.S. government to assume management and distribution of automobile insurance to the general public. Excerpts from an inquiry into the automobile insurance industry's practice at U.S. Senator Philip Hart's anti-trust committee; Refutation of the decision of insurance companies to narrow their market; Factors that helped insurance companies to convince state insurance commissions for the approval higher rates; Suggestion that insurance companies have transformed themselves into hybrid conglomerates.
- Published
- 1969