Blog Post
May 24, 2013
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 every claim about what “insurers say” about climate change. Plenty of people who want to [...]
Blog Post
May 24, 2013
Fact checking the Internet sales tax coalition: Heritage American Academy of Actuaries endorses raising the retirement age: Academy NRDC says insurers are running from climate change risks: PropertyCasualty360 Rep. Mike Capuano introduces bill to extend terror insurance backstop for 10 years: Wall Street Journal Senate votes to means-test crop insurance subsidies: The Hill Senate approves [...]
Blog Post
May 23, 2013
In a new blog post, our friend Daren Bakst at the Heritage Foundation argues against returning to the Reagan administration policy of linking federally subsidized crop insurance to conservation compliance measures. Bakst argues that denying federal crop insurance subsidies to farmers who drain wetlands and cultivate sensitive lands without plans to stop erosion is bad [...]
Blog Post
May 23, 2013
Carbon tax would raise significant revenues, avert catastrophe: CBO Senate rejects reforms to sugar program: The Hill Rep. Stephen Fincher, who has collected $3.5M in farm subsidies, wants to cut SNAP: New York Times 97.1% of peer-reviews papers over past 20 years find global warming is substantially man-made: Environmental Research Letters More economic progress needed [...]
Blog Post
May 22, 2013
I wrote earlier this month about the record high losses taxpayers incurred due to the 2012 drought, highlighting an excellent study by Bruce Babcock that showed how premium subsidies encourage farmers to buy more expensive policies and cost taxpayers $6 billion more than was necessary. But there’s actually some good news on the Farm Bill [...]
Blog Post
May 22, 2013
There are two schools of thought about how to analyze a benefits system. The first is to look at its overall function and how the various parts interrelate. The analysis is concerned generating revenues to match benefits paid, so there is sustainability in the balance of inputs and outputs. The other (increasingly common) approach is [...]
Blog Post
May 22, 2013
Oklahoma twister cost estimated at $2-$6 billion: Hartford Courant Sen. Landrieu offers bill to delay flood insurance reform: Times-Picayune Texas’ insurance commissioner may not be long in her post: PropertyCasualty360 MetLife will repatriate offshore reinsurance affiliate: New York Times
Blog Post
May 21, 2013
Insurers respond to devastating Oklahoma tornado: American Insurance Association White House calls for deeper cuts in crop insurance: Reuters NFIP rate hikes an issue in Sen. Landrieu’s re-election bid: PropertyCasualty360 U.S. poverty increasingly a suburban issue: New York Times A Yellowstone eruption wouldn’t necessarily be apocalyptic: Wired
Blog Post
May 20, 2013
An excellent radio piece on R Street board member Bob Inglis: This American Life Florida lawmakers missed chance to fix the Cat Fund: Star-Banner Natural disasters pose systemic risks to the global supply chain: UNISDR/PriceWaterhouseCoopers Environmental economist Mary Manning Cleveland on the Internet sales tax: Huffington Post
Blog Post
May 17, 2013
Eight members introduce bill to reform crop insurance: Rep. Tom Petri, R-Wis. Reactions magazine editor sees “next to zero chance of TRIA being renewed in its current form”: WRIN-tv Cause of West, Texas explosion still “undetermined”: TDI Bill to tax insurers to make up Texas wind pool shortfalls falls one vote short: KRIS-TV Comparing the [...]
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