The Heartland Institute has decided to spin off its insurance research project effective May 31.

According to Joseph Bast, president of The Heartland Institute, “We’re convinced this will be a win-win situation for Heartland as well as Eli Lehrer and his team of very skillful and devoted policy experts. We urge any individual, foundation, and corporation with an interest in insurance and related finance issues to contribute to Eli’s new organization once it is up and running. We look forward to working closely with Eli in the future.”

Eli Lehrer, who will continue to serve as director of Heartland’s Washington DC office and its Center on Finance, Insurance, and Real Estate until May 31, said, “Separating our project from Heartland will allow us to focus on the issues that we are best known for and good at. I have worked with The Heartland Institute for many years, and now under a new name, my team and I will continue to ally ourselves with Heartland where we can both work to advance the cause of freedom and free markets.”

Lehrer added, “We thank everyone at Heartland, from Joe Bast, its dynamic CEO, on down for their support and friendship over the years. We look forward to working together for many, many years on our common goals.”

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