Insurance, when prices are based on risk, sends clear signals about the relative safety of behaviors and can alter consumer choice for a safer and more stable society. But when certain parties seek protectionist policies to socialize risk, responsible people end up paying for the risky choices of others.

Featured Posts

Search Posts

Op-Eds

A Tremendously Costly Law

Early this year, an unusual full-page ad appeared in the Wall Street Journal and other financial newspapers. The ad attempted to refute claims from businessmen…

Insurance

Op-Eds

Reinsurance Proposal Troubling

As Floyd moves up the coastline, it appears that most property owners have dodged the burden of potentially devastating losses that could stress private-insurance markets:…

Insurance