In the early 1990s, the insolvencies of three major life insurers – Executive Life, Mutual Benefit and Confederation Life – rocked the industry and threatened to bring about the end of the state-based system of insurance regulation the United States …
There’s a good chance that you are paying more for repairing your vehicle after an accident than you need to be. A new study has found that car parts produced and sold by the car’s manufacturer – known commonly as …
The FAST Act (Fixing America’s Surface Transportation Act) is aptly named, but for all the wrong reasons. The process for getting to final passage for the federal transportation bill actually has been incredibly long and winding, full of stopgap measures …
Sometimes, small victories are worthy of celebration. A qualified celebration of just that variety is in order at the California Department of Insurance headquarters in Sacramento to mark the relative improvement in the state’s insurance regulatory environment and what the …
In the home of the Pilgrims, lawmakers have gone home ahead of the Thanksgiving holiday. The Massachusetts Legislature has adjourned for 2015, having failed to move on any of four bills introduced this year that proposed statewide regulation for ridesharing …
Cyber insurance, international regulatory efforts, the sharing economy and the successful state credit-scoring model dominated the agenda of this past week’s National Conference of Insurance Legislators meetings in San Antonio, the state lawmakers group’s final meetings of the year. NCOIL …
In his seminal 1987 work Crisis and Leviathan, economic historian Robert Higgs traces the pattern of government growth as a response to catastrophic events. The federal government, in particular, grows over time through a “ratcheting up” effect, as politicians respond …
Landslides are a problem for which the United States has yet to come up with an answer. A recent essay by Penn State University law professor Christopher C. French – titled “Insuring Landslides: America’s Uninsured Natural Catastrophes” – offers a …
Yesterday, I published a paper about, and titled, “The troublesome legacy of Prop 103.” Shortly thereafter, an organization called Consumer Watchdog published a startlingly quick response. The speed of their response, while impressive, is no surprise. Consumer Watchdog owes its …
We live in an era of disruption. Technology redefines our world on a regular basis, as the wonders of networks that allow data to be transferred virtually without restriction have enmeshed knowledge and commerce into our lives on an uninterrupted …
