R Street’s insurance policy program explores efficient and effective market-based approaches to public policy questions that involve the transfer of risk. Among its priorities are risk-based insurance regulation, ending environmentally destructive taxpayer subsidies through the National Flood Insurance Program and the Federal Crop Insurance Corp. and exploring the benefits of mitigation through programs like the RESTORE Act and the Coastal Barrier Resources System.
The Issue
Publications
After Florence Floods, the Uninsured Awaken to Painful Reality
Media Coverage
From the New Delhi Times:
For those without flood insurance, all they can hope for is federal funding, usually about $30,000, said Ray Lehmann, director of finance, insurance and trade policy at the…
Millions of Carolina Homes Are at Risk of Flooding. Only 335,000 Have Flood Insurance.
Media Coverage
From the New York Times:
In the Carolinas, a quarter to half of the households near the coast are insured, said Ray Lehmann, a member of SmarterSafer, a coalition of taxpayer groups, environmental…
Massive storms test state and federal insurance plans
Media Coverage
From the Carolina Journal:
The plan has more than 190,000 policies with $71.7 billion in total exposure. Before Hurricane Florence made landfall, R.J. Lehmann, senior fellow and director of…
After Florence floods, the uninsured awake to painful reality
Media Coverage
From Otago Daily Times:
For those without flood insurance, all they can hope for is federal funding, usually about $30,000, said Ray Lehmann, director of finance, insurance and trade policy at the R…
Massive storms test state and federal insurance plans
Media Coverage
From Carolina Journal:
The plan has more than 190,000 policies with $71.7 billion in total exposure. Before Hurricane Florence made landfall, R.J. Lehmann, senior fellow and director of finance,…
Down goes the Farm Bill
Media Coverage
R Street cited in Town Hall:
Additionally, it expanded subsidies to include cousins, nieces and nephews, who will be eligible to collect an additional $125,000. Like the newly defined family…
To truly reform American farm policy, White House and Congress should think big
Media Coverage
R Street Farm Bill work cited in Americans for Prosperity:
Specifically, while commodity spending has doubled its initial cost estimate (currently $32 billion over five years), payments for crop…
, Reuters
After Florence floods, the uninsured awaken to painful reality
Media Coverage
From Reuters:
For those without flood insurance, all they can hope for is federal funding, usually about $30,000, said Ray Lehmann, director of finance, insurance and trade policy at the R Street…
The commodity-subsidy scheme
Media Coverage
R Street cited in American Spectator:
Far from barely getting by, however, farmers had their most profitable year in history thanks to subsidies and sky-high prices. A safety net should provide…
Florence drenches the Carolinas in test of flood insurance policies
Media Coverage
From Business Insurance:
Florence is “going to end up in terms of actual economic loss among the largest floods in U.S. history and probably even larger in terms of economic loss than Sandy,”…