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.

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Charlie Crist: Populist

Florida continues its populist jihad against private insurance companies. On top of last year’s legislation letting the state-owned Citizens Property Insurance Corp. compete outright for…

Insurance

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The Tip of the Iceberg

I have a piece in today’s National Review Online about the new bill that would provide optional federal chartering (OFC) for insurance companies. OFC,…

Insurance