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America’s insurance commissioners still pursuing bad investment charges that EU is scrapping
Last month, a significant development took place in Europe that so far has not been widely reported in the US, even though it will likely…
Blog
Why are America’s insurance commissioners trying to import harmful European rules?
With high prices and the threat of recession looming over America’s economy, another threat is emerging. Influential policymakers overseeing the U.S. insurance industry are on…
Blog
Free the Economy Episode 8: Crypto and ESG with Jennifer Schulp
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the cultural impact of Super Bowl ads,…
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Op-Eds
Legislature’s Continued Reliance on Catastrophe Fund a Disaster for Florida Finances
When it announced recently that it would rely on the Florida Hurricane Catastrophe Fund alone for its reinsurance, Florida Citizens Property Insurance Corp. placed…
Citation
Eli Lehrer: Legislature’s continued reliance on Catastrophe Fund a disaster for Florida finances
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Hurricane Funds In Financial Trouble
Newsletter
Cybersecurity, Credit Cards and Hurricane Insurance
President Obama is expected to announce the appointment of a new cybersecurity czar. Credit card holders prepare for the changes recently passed by Congress. Congress…
Citation
Hurricane Funds In Financial Trouble
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Hurricane Funds In Financial Trouble
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Anticipated hurricanes fuel stormy insurance debate
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Hurricane Funds In Financial Trouble
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Anticipated Hurricanes Fuel Stormy Insurance Debate
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Coalition Aims To Fight U.S. Cat Insurance Pool Proposal
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Coalition Aims To Fight U.S. Cat Insurance Pool Proposal
Newsletter
California’s Budget Woes, Sotomayor’s Nomination and Insurance Information
State legislators in California face a multi-billion dollar budget shortfall. Political observers praise President Obama for his nomination of Sonia Sotomayor as potentially the first…
Citation
Group Formed to Oppose National Catastrophe Fund
Citation
Group formed to oppose national catastrophe fund
Op-Eds
Insurance Plan Won’t Work
James Lee Witt and James Loy are, quite simply, wrong to suggest that a ”national catastrophe backstop” would help reduce homeowners’ insurance rates for…
News Release
CEI Fellow Praises Insurance Information Act
The head of the insurance project at the Competitive Enterprise Institute today praised Rep. Paul Kanjorski’s (D-PA) proposed Insurance Information Act (H.R. 2609). The bill…
Citation
Opponents Become Allies in the Face of a Storm
Op-Eds
Beach Plan Fix Requires Higher Insurance Rates on Coast
Full document available in PDF.
News Release
Florida Insurance Commissioner McCarty is Wrong In His Analysis of HB 1171
Analysts at the Competitive Enterprise Institute, a free market think tank with offices in Washington, D.C. and Tallahassee, today criticized Florida insurance commissioner Kevin McCarty’s…
Op-Eds
Florida flirting with fiscal hurricane disaster
When it announced last week that it would rely on the Florida Hurricane Catastrophe Fund alone for its reinsurance, Florida Citizens Property Insurance Corporation…
Op-Eds
The way the political winds are blowing, coastal insurance rates could go up
As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA)—which provides coverage for high risk coastal…
Citation
TRIA revamp plan worries buyers
Study
Property and Casualty Insurance 2009 Report Card
Full Document Available in PDF For the second year in a row,…
News Release
Government-Run Insurance Company Foists Huge Burden on Florida Taxpayers
Government-Run Insurance Company Foists Huge Burden on Florida Taxpayers Citizens Property Insurance Corporations Decides to Forego Private Reinsurance in Favor of…
Citation
Why Scaling Back TRIA Could Be Difficult
News Release
State-Mandated Insurance Rate and Form Filing System Does Not Work, Report Finds
State-Mandated Insurance Rate and Form Filing System Does Not Work, Report Finds Insurers, Consumers Hurt Under Current System Washington, D.C., May 8, 2009—The current system…
Newsletter
Justice Souter, Global Warming Negotiations and Florida Insurance Reform
Justice David Souter announces his retirement from the Supreme Court. Leading up to global warming negotiations in Copenhagen, a new study calls for the elimination…
News Release
CEI Analyst Hails Florida Insurance Bill Passage
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Study
SERFF Liberation
The System for Electronic Rate and Form Filing Needs Competition…
News Release
CEI Responds to McCarty’s Statements on SB 2036
The director of The Competitive Enterprise Institute’s insurance project responded today to Office of Insurance Regulation (OIR) head Kevin McCarty’s statements about SB 2036 and…
Newsletter
Freddie Mac, Solar Energy and an Insurance Debate
The suicide of Freddie Mac’s Chief Financial Officer raises further questions about the company and the federal bailout program. Texas is poised to increase the…
News Release
CEI Responds to Commissioner McCarty’s “Overview” of the Florida Insurance Market
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Citation
Dinallo’s actions on Allstate ‘very likely illegal,” group says
Citation
State Insurance Programs Flawed
The Times argues that the federal government should provide a "backstop" for state insurance funds like the California Earthquake Authority. The Times is wrong. States like Florida…
News Release
Florida Lawmakers Urged Not to Weaken Property Insurance Overhaul
Florida Lawmakers Urged Not to Weaken Property Insurance Overhaul Provisions in House Bill Stronger, More Market-Freeing; Amendment to Senate Bill Questioned Washington, D.C.,…
Letters
Letter to New York State Insurance Superintendent Eric Dinallo
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Op-Eds
State insurance programs flawed
Re “Insurance assurance,” editorial, April 9 The Times argues that the federal government should provide a "backstop" for state insurance funds like…
News Release
CEI Analysts Blast New York Insurance Head
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Newsletter
Tax Day Protests, Small Car Safety and Union Organizing
People across the country gather to protest high taxes and excessive government spending. A new crash test study finds that smaller cars are especially vulnerable…
Study
Why Florida Should Not Receive a Pre-Funded Federal Bailout
Full Document Available in PDF Since early 2009, Florida state…
Op-Eds
‘Backstop’ idea appears too risky: Catastrophe fund may have opposite effect
Texans have many reasons to worry about hurricanes. Two large storms struck the state last year, insurance rates have risen steadily in most coastal areas,…
News Release
CEI Comment on Feds Rejecting Florida Insurance Bailout
FEDS RIGHTLY REJECT FLORIDA INSURANCE FIASCO Washington, D.C., April 9, 2009— The U.S. Treasury Department has rejected Sen. Bill Nelson’s (D-Fla.) request for…
Newsletter
Modified Mortgages, Unions Losses and Hurricane Insurance
The White House pushes mortgage companies to “modify” more home loans, while the number of defaults continues to rise. Sen. Blanche Lincoln (D-AR) announces she…
Citation
Florida Senate passes bills to address hurricane fund shortfall
News Release
CEI Analyst Hails Passage of Insurance Reform Bills
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Lawmakers told to overhaul property insurance
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Lawmakers told to overhaul property insurance: A coalition pushes for reform to help prevent economic disaster.
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Legislature aims to overhaul property insurance system
Blog
Virginia Postrel on Her Own Brush with Cost-Effective Drug Research
One letter writer argues that Herceptin was a poor example because "Multiple cost-effectiveness analyses have shown that, despite its high cost, Herceptin is both effective…
News Release
CEI Florida Insurance Project Lauds Legislative Action on Proctor Bill
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News Release
CEI Analysis of Geithner Insurance Proposals
Testifying before Congress today, Treasury Secretary Timothy Geithner will propose broad new federal oversight for a variety of financial services, including insurance. Analysts at the Competitive Enterprise Institute, a…
Citation
Fla. Insurance Market Fix Outlined In Paper
Study
Restoring the Private Property-Insurance Market To Reduce Florida’s Risk of Financial Insolvency
Eli Lehrer examines why Florida could very well become financially insolvent.
Citation
Coastal business | S.C. exports rise, not in local port
Newsletter
Beach House Bailout, Voting Rights and Trade War with Mexico
Congress to likely consider a controversial plan for taxpayers to subsidize disaster insurance in risk-prone states. Attorney General Eric Holder keeps quiet about the recent…
Citation
The Beach House Bailout?
Op-Eds
Obama and Dodd Hypocritical on AIG Bonuses
In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers…
News Release
CEI Asks: Is a Beach House Bailout Next?
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Citation
States Insurance Funds Should Not Receive Federal Backing
News Release
Florida’s State-Run Insurance Edges Closer to Sanity
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No to State Backed Hurrican Fund
Op-Eds
States Broke the Insurance Regulatory System
About six months after the U.S. government first injected taxpayer money into AIG, the company continues to teeter on the brink of bankruptcy…
Letters
The Calculation of Climate Change Risk in the Provision of Insurance
Full Document Available in PDF It is obvious to anybody that a risk of climate change exists: weather patterns…
Letters
Proposed Taxes on Reinsurance Will Hurt Consumers
Full Document Available in PDF Additional taxes on reinsurance transactions would wreak havoc with…
News Release
Think Tank Questions Revised AIG Bailout
Early this morning, federal regulators and AIG officials announced revised terms for the bailout of the now-government-controlled insurance giants. The terms ease AIG’s obligations in…
News Release
Free Market Think Tank Blasts My Safe Florida Home Termination
Contact: Eli Lehrer 202-615-0586 Christian R. Cámara 305-608-4300 Free Market Think Tank Blasts My Safe Florida Home Termination A rare government program worth saving…
News Release
Tax Proposal Would Hurt American Consumers
Contact Eli Lehrer: (202) 615-0586 Tax Proposal Would Hurt American Consumers Affiliated Reinsurance Penalties Would Imperil…
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CEI Naming Vermont Best, Florida Worst for State Insurance Regulation
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CEI Naming Vermont Best, Florida Worst for State Insurance Regulation
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Flood Insurance Plan To Get Extension
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A House Appropriations Bill Calling for a Six-Month Flood Insurance Extension
News Release
Congress Poised to Extend Flawed Flood Insurance Program
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Blog
Bad McCarty! Bad!
Will regulators never learn? You can’t force businesses to actively pursue a business model that is unprofitable. Florida’s Governor Charlie Crist and Insurance regulator Kevin…
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Scholars Saddness at Seeing State Farm Go
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Florida Seeking Federal Aid To Close Gap In Hurricane Fund, With Startups At Risk
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Florida Seeking Federal Aid To Close Gap In Hurricane Fund, With Startups At Risk
TMC Net
Optional Federal Charters for insurance companies
TMC Net
Property insurance reform in Florida
Florida Real Estate Journal
Property insurance reform in Florida
TMC Net
There Being Little Chance of OFC Opponents Being Swayed by ‘New-and-Improved’ Bill
TMC Net
Critics Hitting U.S. Insurance Regulator Bill Proposal
Property and Casualty Insurance News
Critics Hitting U.S. Insurance Regulator Bill Proposal
News Release
CEI Comments on Proposed National Regulatory Modernization
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Newsletter
Senate Stimulus, Geithner’s Banking Plan and a Florida Insurance Bailout
The Senate passes an $838 billion economic stimulus package. Treasury Secretary Timothy Geithner announces a new plan to revitalize troubled U.S. banks. Florida officials look…
Property and Casualty Insurance News
Crist Lobbying Obama for National CAT Fund
Letters
Coalition Opposes Proposed Taxes for Affiliated Reinsurance
Full Document Available in PDF The Honorable Max Baucus Chairman Senate Finance Committee 219 Dirksen Senate Office Building Washington, D.C.
Blog
No Florida Insurance Bailout
It seems that the state of Florida has overpromised insurance coverage to its citizens in the case of a catastrophic storm, and now is…
Property and Casualty Insurance News
Florida’s Hurricane Catastrophe Fund
Property and Casualty Insurance News
Florida office director for the Competitive Enterprise Institute Scores for Fla.’s McCarty For Cat Fund Lobbying Effort
Property and Casualty Insurance News
Florida office director for the Competitive Enterprise Institute Scores for Fla.’s McCarty For Cat Fund Lobbying Effort
News Release
Florida Doesn’t Deserve a Federal Bailout, Think Tank Says
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Op-Eds
Insurer’s Exit Leaves Florida on the Brink
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Property and Casualty Insurance News
Election Reopening National Catastrophe Fund Debate
Op-Eds
State Farm exit will leave Florida on the brink
State Farm’s decision to quit providing homeowners insurance in Florida shows that the state’s insurance market simply can’t survive in its current form.
Op-Eds
Wetlands–An Environmental Issue for Free Marketeers
Conservatives have good reason to question parts of the environmental movement’s wish-list. Proposals for new energy taxes, “green jobs” programs, and restrictions…
Op-Eds
State Farm’s exit leaves Florida on the brink of a crisis
State Farm’s decision to quit providing homeowners insurance in Florida shows that the state’s insurance market simply can’t survive in its current…
Property and Casualty Insurance News
State Farm wanting to drop homeowners insurance in Florida
Citation
State Farm Looking to Quit Florida Homeowners Market
Property and Casualty Insurance News
State Farm Pulling Out of Florida Property Market
News Release
CEI Explains State Farm Withdrawal From Florida Market
State Farm today announced its plans to withdraw from Florida’s property insurance market. Over the next two years, the company—America’s second largest home insurer and…