The L&E Blog on Insurance Journal presents the work and viewpoints of The International Center for Law & Economics. R.J. Lehmann is editor-in-chief and senior fellow of the International Center for Law and Economics.
June 13, 2012
Connecticut is the latest state to liberalize collateral requirements for foreign-based reinsurers, and California could be next on the list, after a similar bill passed that state’s Senate. Connecticut Gov. Dannel Malloy on June 4 signed Public Act 139, a …
June 13, 2012
The board of governors of Florida’s Citizens Property Insurance Corp. pulled off not one, but two shockers in the past 24 hours with respect to its choice of a new permanent president to lead the state-run insurer. First, the board …
June 8, 2012
You have to hand it to the Palm Beach Post. First, the paper sends out a reporter to a press conference with Gov. Rick Scott to ask his opinion of a “national windstorm pool,” and builds an entire story (no …
June 7, 2012
Tom Grady, interim chief of Florida’s Citizens Property Insurance Corp., has been on a tour of the Sunshine State, trying to defend he and his board’s efforts to try to speed depopulation of the state-run insurer and place it on …
June 6, 2012
The Louisiana Legislature wrapped up their 2012 session late June 4 by passing S.B. 204 , a bill that would reinstate a partial suspension of the requirement that state-run Louisiana Citizens Property Insurance Corp. must charge rates at least 10 …
June 5, 2012
Much of Florida Gov. Rick Scott’s tenure in office has been consumed with confronting the mistakes his predecessor made in the property insurance market. Charlie Crist left office having stuffed the two state-run entities — the Florida Hurricane Catastrophe Fund …
June 4, 2012
The R Street Institute published its first research project as an independent institution today, a report card of the insurance regulatory environments in each of the 50 states. The report card builds on a series of annual reports my colleague …