Scott E. Harrington is Professor of Insurance and Finance, College of Business Administration, University of South Carolina. A faculty member of the Insurance Department of the Wharton School, University of Pennsylvania, from 1978-88, he was published numerous articles on insurance markets and insurance regulation.

By Scott E. Harrington

Auto Insurance in Michigan: Regulation, No-Fault, and Affordability

Written by one of America's foremost authorities on auto insurance, this study is a thorough review of Michigan's Essential Insurance Act and No-Fault Law. Harrington examines in-depth the structure of rates in the state and explains that they are not the result of price-gouging or insufficient competition. He analyzes the effects of the state's insurance regulations, and makes suggestions that would increase competition, lower costs, and limit the interference of government in a free insurance market. 33 pages. … more