NU Online News Service, March 26, 12:31 p.m. EDT

Sixteen state insurance agencies failed a national state-evaluation test, but Mississippi came out on top of the 50-state review.

The State Integrity Investigation, a research project sponsored by The Center for Public Integrity, Global Integrity and Public Radio International, had reporters in all 50 states evaluate the corruption risk, covering issues of transparency, accountability and ethics enforcement in individual states.

The report gives an overall evaluation of individual states and breaks the results down into several categories that include state insurance commissions.

Wyoming's insurance department was at the bottom of the list with a score of 26, earning it a grade of F. Fifteen other departments received the same letter grade, despite posting higher number grades.

On a scale of 0-100, the Wyoming insurance department received 0 for citizen access to the asset-disclosure record of the insurance commission and disclosure of documents filed by insurance companies. It received a score of 33 for the department avoiding conflicts of interest and a 37 for both protection from outside influence and effectiveness of conflict-of-interest regulations.

Its highest score of the six evaluation questions was 50 for: “Does the commission have sufficient capacity to carry out its mandate?”

By contrast, Mississippi's insurance department scored an “A” for its 91 percent evaluation. The state received 100 percent scores for four questions and 81 percent for disclosure of documents filed by insurers. Its lowest score, 66 percent, was for citizen access to records of the department.

In a statement, Mississippi Commissioner of Insurance Mike Chaney says, “I am proud and honored that this report recognizes the outstanding effort the department makes in enforcing the laws and regulations in the state while providing our citizens with the maximum amount of consumer protection.”

He went on to say, “Every day our dedicated staff works hard to fulfill the goals of the Mississippi insurance department in creating the highest degree of economic security, quality of life, public safety and fire protection for the state's citizens at the lowest possible cost. We are committed to providing assistance to consumers in a timely, caring and ethical fashion.”

Mississippi's insurance department was followed by Connecticut, which was also graded “A” and earned a score of 90.

Next came New Jersey, graded “B+” with a score of 88 percent. The state of Washington's department also earned a “B+” with a score of 87.

In overall state rankings, New Jersey was the highest with a grade of “B+” and score of 87 percent, while Connecticut ranked second with a grade of “B” and score of 86 percent. Washington was ranked third with a grade of “B-” and score of 83.

Georgia earned the lowest overall state score of “F” and 49 percent.

The 15 other state insurance departments receiving failing grades were:

South Dakota—Score 27 percent
Georgia—Score 32 percent
New Mexico—Score 41 percent
Nevada—Score 43 percent
Idaho—Score 47 percent
Michigan—Score 50 percent
Maine—Score 51 percent
Maryland—Score 52 percent
Arizona—Score 53 percent
Kansas—Score 55 percent
South Carolina—Score 55 percent
North Dakota—Score 57 percent
Hawaii—Score 57 percent
Colorado—Score 58 percent
Texas—Score 58 percent

A spokesman for the National Association of Insurance Commissioners says the leadership declined to comment on the evaluation.

A request for comment from the Wyoming Insurance Department was not immediately returned.

Updated: 4:30 p.m. EDT concerning comment from the Wyoming Insurance Department.

Special Reports /

16 State Insurance Commissions Fail Integrity Evaluation

Related Stories

Recommended For You