L&E Blog: The International Center for Law & Economics

How Do You Solve a Problem Like California?

California has a wildfire crisis. Arguably, the entire Western United States has a wildfire crisis, but California’s crisis is of an entirely different magnitude. California also has a homeowners insurance crisis. That crisis began in 2019, when nonrenewals of residential …

Could the Ukraine Crisis Move Florida to Fix Its Insurance Crisis?

With the March 11 scheduled close of its regular session fast approaching, the Florida Legislature remains so focused on putting the finishing touches on its various culture-war signaling bills that one might think Tallahassee hasn’t noticed that the state’s property …

Could the Musk-Lara Smackdown Offer a Way Forward on Prop 103?

When an obscure provision of a state’s 1988 insurance law makes the news, it’s often confined to the pages of Insurance Journal. However, when the world’s richest man tweets about that law in the course of a Twitter spat with …

Amid COVID, Insurance Regulation Remains Profitable

This post is part of an Insurance Journal blog presenting the work and viewpoints of The International Center for Law & Economics. The COVID-19 pandemic hit state budgets particularly hard in 2020, with a $24.11 billion drop in tax revenue …

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