As an insurance guy who has been on both sides of the climate change debate (I’ve worked for organizations full of climate change skeptics and now head one that believes it’s an important public policy issue) I’ve heard just about …
The headlines blaring from the Sunshine State today are unambiguous. The state-run Florida Hurricane Catastrophe Fund is “in good shape” Indeed, its latest report card shows it is the “best it’s looked in years.” Let’s not pop the champagne cork …
As the push for modernization and consumer choice in North Carolina’s auto insurance system moves from the state Senate to the House, it’s worth going back to examine the goals the General Assembly set for itself on the topic a …
As legislative work picks up in earnest on Michigan Gov. Rick Snyder’s plan to reform the state’s woeful no-fault auto insurance system, we wanted to call attention to a less-noticed provision of the proposal that could nonetheless have a significant …
Maybe the Michigan auto insurance law was “essential” when it became law, but in the last four decades it has become luxurious compared to all other states. Gov. Rick Snyder and insurance committee chairs Sen. Joe Hune, R-Hamburg Township, and …
It’s easy to understand why many North Carolinians are skeptical of proposals to change how the state regulates auto insurance. In a state where homeowners insurance rates are fairly high, and auto insurance relatively affordable, the old adage about not …
I’ve already covered in these pages some of the things the editorial pages of North Carolina’s leading newspapers are getting wrong about S.B. 154, legislation to modernize the state’s system of setting auto insurance rates. But co-sponsor Sen. Jeff Tarte, …
When it comes to property insurance reform in Florida, everyone is basically focused on proposals that deal with the Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corp. and the (over) regulation of private insurance carriers in the state. Some bills …
My home state of New Jersey has been the scene of a number of historic events over the years, both famous and infamous: the invention of the incandescent light bulb, the first recorded baseball game, the Hindenberg disaster, the discovery …
For four out of the last seven years, the Florida Hurricane Catastrophe Fund has been projected to have a shortfall should a major hurricane impact the state and cause the fund to pay out to its coverage limits. This is …
