I was an early early voter this morning. I got to the Cumberland Co. Board of Elections HQ at 3:30 a.m. in order to be the 1st in line. The idea, which I ran past the local party, was to get a quote in the Fayetteville Observer. I figured that free publicity for early voting is good for us. And blasting the Republicans is always fun.
The Raleigh News & Observerreports today that Senate Majority leader Tony Rand (D- Allegedly) has authored a bill that is anti-consumer and a gift to the insurance lobby:
A bill introduced in the state Senate calls for stripping the North Carolina insurance commissioner's authority to set rates on auto, homeowners and workers' compensation insurance.
Under the measure, sponsored by Senate Majority Leader Tony Rand at the urging of the insurance industry, a Superior Court judge would rule on rate disputes after conducting a hearing. Currently, the insurance commissioner presides over such hearings and determines the maximum rates that insurers can charge.
NC has a relatively strong Insurance Commissioner. To the industry, that's a bad thing. The solution, of course, is to strip him of his ability to regulate rates. And on top of that, the burden of proof would be reversed, so that insurance companies would almost automatically be granted whatever rate hikes they sought. This is a play right out of the GOP playbook. Why would an alleged Democrat even consider this, let alone author it?
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