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
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Future of American Insurance & Reinsurance Newsletter – July 2021
Jerry Theodorou
From Future of American Insurance & Reinsurance:
Frank Nutter, president, Reinsurance Association of America (RAA), Jerry Theodorou, director of finance, insurance, and trade policy, R…
Energy Update: Week of July 19
Jerry Theodorou
From Policy Resolution Group:
Senate Banking to Look at Climate Resilience – The Senate Banking Committee will meet in hybrid format tomorrow at 10:00 a.m. to look at climate change, resilience…
Biden’s big jobs plan will actually hurt low-income and minority Americans’ chances of owning a home
Jerry Theodorou
Homeownership is a pillar of the American dream. Last year, the pandemic made many Americans realize they wanted that dream sooner rather than later. Many turned to Redfin and Zillow, swiping through…
This year’s hurricane season is off to an early and troubling start with tropical storm Elsa, the earliest fifth-named storm in recent history. Elsa reached tropical storm status (minimum sustained…
Biden Tax Plan Hits Global Reinsurance
Jerry Theodorou
The bills for the Biden administration’s multi-trillion dollar American Jobs and American Families plans are expected to be footed by additional revenues generated by The Made in America Tax Plan….
Risky business, reforming America’s flood insurance model
Marc Hyden
The Federal Emergency Management Agency (FEMA) has been under fire for years for its management of the National Flood Insurance Program (NFIP), which is the nation’s principal source of flood…
[What They’re Saying] RSC Budget – Reclaiming our Fiscal Future
Caroline Kitchens
“The House Republican Study Committee (RSC) released their alternative Fiscal Year 2022 budget, entitled Reclaiming Our Fiscal Future, which presents a bold plan to balance the federal budget in…
It’s no secret that the COVID-19 pandemic has wreaked havoc on America’s finances and unleashed a massive federal spending spree. In the aftermath of the pandemic, our nation’s total federal…
Biden’s “Made in American Tax Plan” promises to hurt Georgians and insurers
Marc Hyden
President Biden released his audacious American Jobs Plan along with his Made in America Tax Plan, which are intended to revitalize our country’s infrastructure and the economy. But the efforts…
Testimony of R.J. Lehmann to the Senate Banking Committee: the Case to Reform the NFIP
R.J. Lehmann
From International Center for Law & Economics:
That stint included covering the 2004 and 2008 NFIP reauthorization debates and, of course, the devastating impact of Hurricane Katrina in 2005….