The Issue

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.

For general media inquiries and to book our experts, please contact: [email protected]

Publications

May 12, 2022, Insurance Journal

Florida’s Failing Insurers – Who’s Next?

Jerry Theodorou

Florida’s homeowners insurance market is in a perilous, precarious position. Florida has not been struck by a hurricane since 2018, yet there have been seven Florida insurer insolvencies in the…

Apr 23, 2022, The Capitolist

Property insurance reserves vs. Chris Sprowl’s patience: which will run out first?

Jerry Theodorou

From The Capitolist:

Any residual resistance from Sprowls toward more drastic action right now can be directly laid at the feet of insurance company advocates who promised that last year’s…

Apr 22, 2022

Florida Homeowners Insurance Market: The Crash Everyone Can See Coming

Jerry Theodorou

The Florida homeowners insurance market is in crisis. Again. Observers characterize the market in “freefall,” in “crisis” mode and “spiraling” toward collapse. In recent years, insurance…

Apr 22, 2022, Tampa Bay Business Journal

Tampa Bay area state senator says property insurance crisis has far-reaching consequences

Jerry Theodorou

From Tampa Bay Business Journal:

Florida property insurance companies reported $117.5 in losses and expenses for every $100 in premiums received between 2016 and 2019, according to the R Street…

Apr 16, 2022, The Capitolist

Here’s why Florida’s property insurance market is a dumpster fire

Jerry Theodorou

From The Capitolist:

On average, insurance companies across the nation pay out an average of $100.70 on every $100 of premiums they take in. While that may sound like a financial loser for the…

Apr 7, 2022, Insurance Journal

Florida insurance market needs strong medicine

Jerry Theodorou

If the Florida homeowners’ insurance market were in a medical exam, the diagnosis would find the patient in dangerously poor condition. The patient’s vital signs—its financial results—are…

Apr 5, 2022, R Street Institute

Event: Risk-Based Rating in Personal Lines Insurance

Jerry Theodorou

The insurance industry is unique in that the cost of its products—insurance policies—is unknown at the time of sale. Insurers calculate the price of…

Mar 23, 2022

RSI Joins Coalition Letter on Durbin Amendment

Jerry Theodorou

Dear Chairman Brown, Ranking Member Toomey, Chairwoman Waters, and Ranking Member McHenry:

The undersigned organizations write in opposition to any legislation that would expand or mimic the…

Mar 10, 2022, Inside P&C

Is there a future for public-private partnerships to address pandemic risk?

Jerry Theodorou

From Inside P&C:

To some executives, the capital markets provide possible solutions that should be explored by the insurance industry.

Jerry Theodorou, director of finance, insurance &…

Mar 8, 2022, Insurance Journal

Russian invasion leads to its insurance market isolation

Jerry Theodorou

Any major event or upheaval that affects the economy, the environment, technology, health or law somehow touches insurance. War is no exception. The repercussions of Russia’s unprovoked military…