Articles by Ian Adams

Jones’ Bark Risks Congress’ Bite on McCarran-Ferguson

California’s elected insurance commissioner, Dave Jones, is in the habit of picking fights he can’t win. From his perch atop the nation’s largest insurance regulatory body, he’s sought a federal investigation into a near midair collision, waged a rhetorical war …

NCOIL, NAIC on Collision Course over Delegation Authority

A conflict is brewing between the National Conference of Insurance Legislators (NCOIL) and the National Association of Insurance Commissioners (NAIC), even though neither side wants to admit it. The two private trade associations, with memberships composed of public officials, are …

Study Shows Many Homeowners Would Do Better with Private Flood Insurance

It’s no great revelation that when prices are centrally controlled, they tend not to reflect reality. In some cases, this means that consumers pay less than the true value of a good or product. In other cases, they pay too …

California Crackdown on Brand Advertising Hurts State’s Newcomers

California is an ethnically and culturally diverse state, and it is becoming more so with each day. That diversity brings with it economic strength, but also a need for public policy that consciously accounts for the different ways in which …

How a Border-Adjustment Tax Would Hurt Louisiana’s Insurance Market

Louisiana already has some of the highest property insurance rates in the nation. But they could creep higher still—an estimated $1.11 billion higher over the next decade—should congressional tax-reform efforts limit insurance companies’ ability to use reinsurance, which is how …

California Legislators Consider Self-Driving Vehicles and the Need for Prop 103 Reform

Proposition 103—California’s restrictive regulatory regime for insurance—may need a few tweaks as fewer and fewer cars on the road have human drivers. During a March 8 informational hearing, members of the California Senate Insurance Committee heard from a panel of …

At NCOIL, State Lawmakers Look to Claw Back Power from NAIC

Newly assertive leadership of the National Conference of Insurance Legislators appears eager to confront what it views as an ongoing usurpation of authority from state legislatures. Thomas B. Considine—now NCOIL’s chief executive, but previously commissioner of the New Jersey Department …

A Cyber Mandate Isn’t the Way to Address Cyber-Insurance Takeup

To improve cyber preparedness and help companies recover from cyberattacks, it’s essential that the takeup rate for cyber insurance continues to rise. The insurance capacity plainly exists to write virtually all of the risks for which the market currently seeks …

How the Federal Government Could Lead by Example in Cyber Insurance

The takeup rate of cyber insurance is rising, but the market’s growth to date has been uneven. Anne Hobson, a technology policy fellow at the R Street Institute, may have a solution to that problem. She proposes that the federal …

NAIC San Diego: Self-Driving Cars and Regulatory Renewal

Insurance regulators are a diverse bunch. Some are elected, while others are appointed. Some are Republicans, while others are Democrats. At the triennial meeting of the National Association Insurance Commissioners in San Diego, regulators were united in their interest and …