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.
Insurance
The Issue
Publications
, NJ.com
The cost of FEMA flood insurance policies is going up, but taxpayers are still helping to foot the bill
Jerry Theodorou
From NJ.com:
“The changes that are being made will make the program more economically rational so that it would not be a burden on the taxpayer,” said Jerry Theodorou, director of insurance for…
Possible Biden hurricane tax increase looming for Florida homeowners
Lars Powell
From Capital Soup:
Brown points to data recently released by the R Street Institute, which says Florida homeowners could see as much as a 13 percent increase in their property insurance rates…
Introduction
Beginning in the 1930s the United States led the global charge toward a rules-based trading system. The goals of this bipartisan policy were: to increase economic growth and promote…
WASHINGTON (October 18, 2021)—While the United States has historically been the leader of the global trade system, the Trump years and the economic fallout of COVID-19 have upended that consensus….
Possible Biden hurricane tax increase looming for Florida homeowners
Lars Powell
From Northwest Florida Daily News:
Floridians should be concerned, very concerned, over this tax proposal from the Biden Administration. It is clear now that this tax plan will lead to a large tax…
‘Hurricane tax’ vote delayed
Lars Powell
From The Royal Gazette:
Meanwhile, the non-partisan R-Street Institute has estimated that insurance premiums across the United States will increase between $10 billion and more than $20 billion a…
Pelosi says IRS reporting requirement for bank accounts to stay in reconciliation bill despite public concerns
Jerry Theodorou
From Fox Business:
Bloomberg News recently reported that Democrats were considering raising the threshold for reporting from $600 to $10,000 amid the backlash from the public. But Jerry…
Debate rages over Biden’s proposed $600 IRS reporting requirement for bank accounts
Jerry Theodorou
From Fox Business:
R Street Institute policy director Jerry Theodorou said it’s a laudable goal to hold all people accountable for paying their taxes. But he argued that this reporting requirement…
Jimmy Patronis: Biden’s Infrastructure Bill Will Hit Florida With a Hurricane Tax
Lars Powell
From Florida Daily:
The non-partisan R-Street Institute estimates that insurance premiums nationwide will increase between $10.8 billion to $20.3 billion a year if this tax plan is signed into…
, Townhall
Build Back Better Promises Economic Recovery – But at What Cost?
Lars Powell
From Townhall:
The cost tab would not end here. An increase in the corporate tax would have further unintended consequences, including an increase in the cost of insurance in the U.S. The tax…