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
Through the farm bill, taxpayers spend billions on programs designed to protect vital public goods like natural wetlands and healthy air and soil. However, without better information and effective…
Canada Won’t Keep Paying for Flood Victims to Rebuild, Should the US Follow Suit?
R.J. Lehmann
From Our Daily Planet:
For this reason, the libertarian R Street Institute supports legislation to reform the NFIP, they recently wrote that “The House Financial Services Committee passed…
, DS News
Homeowners are Neglecting Flood Insurance
R.J. Lehmann
From DS News:
According to R.J. Lehmann, who analyzes financial services at the R Street Institute, rising insurance premiums under the NFIP have driven policyholders away. A federal law enacted…
, E&E News
31% of homeowners in Dorian’s path had dropped flood insurance
R.J. Lehmann
From Climate Wire:
R.J. Lehmann, who analyzes financial services at the R Street Institute, a libertarian think tank, said rising insurance premiums under the NFIP have driven policyholders away….
WASHINGTON (Sept. 3, 2019) – As the U.S. Southeast braces for the impact of Hurricane Dorian, it is urgent that Congress get serious about reforming the National Flood Insurance Program (NFIP),…
Chairwoman Gonzalez and Members of the Committee,
My name is R.J. Lehmann and I serve as director of finance, insurance and trade policy at the R Street Institute, a free-market public-policy…
August 26, 2019
Ambassador John R. Bolton Mick Mulvaney
National Security…
New Risk Technologies Force Review of Long-Standing Prohibitions
Ian Adams
From the Rough Notes Company:
In the R Street Institute’s R Street Shorts No. 8, Ian Adams writes, “If giving away a service that is completely incidental to an insurance transaction is deemed…
NAIC Innovation Panel Moves for Update of Anti-Rebating Model
R.J. Lehmann
The National Association of Insurance Commissioners has taken the first step in what stands to be a more than yearlong process to update the rules states use to police impermissible “rebates”…
, Reason
California Follows the Disastrous Flood Insurance Path to Fire Insurance Fiasco
R.J. Lehmann
From Reason:
“Nearly half of all new homes are built in the wildfire-prone wildland-urban interface,” the R Street Institute’s Ray Lehmann wrote in May in the Insurance Journal. “To the extent…