Author Archives: Other News Sources

Power to consumers, not monopolies

(August 21, 2003) Fifty million North Americans suffered inconvenience and expense in the Great Blackout of 2003. Not one will receive any compensation. Millions of companies also suffered inconvenience and expense, and lost business that they will never make up. Amid the ruins, however, lie a lucky handful of companies who will have their losses covered. The lucky are among the electricity monopolies that brought us the Great Blackout of 2003. Continue reading

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Holding power companies to account and compensating consumers

(August 16, 2003) The food in your freezer has spoiled. The clocks in your home need to be reset. Your schedule has been thrown out the window. Shouldn’t someone – apart from you – have to pay for the disruption that power shortages cause in your life? Wouldn’t power companies smarten up if they were actually held to account for the disruptions they foist on customers and if they didn’t operate in a 100%-monopoly system, in which their customers aren’t free to take their business elsewhere if they choose? Continue reading

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New York increases rates for high risk drivers

(August 8, 2003) Albany, N.Y. — The New York State Insurance Department has taken an important step toward the stabilization of automobile insurance rates by approving a statewide average rate increase of 19.7 percent for high-risk drivers insured through the state’s Automobile Insurance Plan. Continue reading

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The eco-affluence myth

(July 31, 2003) “Affluence fosters environmentalism,” argues The Real Environmental Crisis, a book by professor emeritus Jack M. Hollander of the University of California at Berkeley. “As people become more affluent, most become increasingly sensitive to the health and beauty of their environment. And gaining affluence helps provide the economic means to protect and enhance the environment.” Continue reading

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NAIC releases report on state average auto premiums

(July 28, 2003) The National Association of Insurance Commissioners today released the State Average Expenditures & Premiums for Personal Automobile Insurance in 2001. The report provides estimated averages for state annual premiums per insured vehicle for passenger automobile insurance for the years 1997-2001. Continue reading

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