The policy subsidies offered by Florida’s state-run Citizens Property Insurance Corp. flow disproportionately to the wealthy and, in concert with similarly regressive subsidies from the National Flood Insurance Program, serve primarily to encourage more development in risky regions along the …
The decision by the Kansas Legislature earlier this week to override Gov. Sam Brownback’s veto of onerous ridesharing legislation already is yielding its inevitable consequence. Transportation network company Uber has announced it plans to pull out of the state before …
The North Carolina House of Representatives passed a bill 119-1 Monday which, for the first time, would disclose to North Carolina drivers what they pay in surcharges to the North Carolina Reinsurance Facility. The facility is a state-mandated entity for …
In a disappointing development, the Kansas Legislature has overturned Gov. Sam Brownback’s veto of S.B. 117, the so-called “Uber bill.” While S.B. 117 is not without redeeming qualities – a regulatory framework is indeed necessary – its flaws will place …
We have seen over and over the folly of government-run insurance schemes. Whether it’s the National Flood Insurance Program, the Federal Crop Insurance Corp., the Texas Windstorm Insurance Association, the Pension Benefit Guaranty Corp., the Federal Housing Administration or the …
It’s an exceedingly rare thing that I’d ever point to anything my adoptive state of Florida does in the area of insurance markets as an example that others might want to copy. But in at least one important respect, recent …
For a brief moment early this year, social media made James Robertson an international celebrity. The story of the 56–year-old Detroit man whose commute involved both an arduous bus ride and walking 21 miles every day inspired an online fundraising …
A major plot point of the most recent season of Netflix’s House of Cards saw fictional President Frank Underwood try to exploit the Stafford Act’s vague definition of a “disaster” to divert the Federal Emergency Management Agency’s entire budget toward …
No two states are the same. What passes for polite in New England may be considered downright abrasive in the Pacific Northwest. What a Californian finds politically correct, a midwesterner might find utterly confusing. It is no surprise, then, that …
The California Earthquake Authority, the state-run insurance pool that is the primary source of residential earthquake coverage in the Golden State, says it hasn’t received any claims that assert human-caused activity like hydraulic fracturing or deep-well injection were the cause. …
