Citizens Property Insurance debate once again heating up Florida

Citizens Property Insurance debate once again heating up Florida 0

The Citizens Property Insurance Corp. debate is heating up once again in Florida. Despite a legislative session that largely steered clear from this contentious issue earlier this year, a recent proposal by Citizens board members is drawing a lot of attention (and scorn) from lawmakers and others.

Federal flood program gets 60-day extension

Federal flood program gets 60-day extension 0

The National Flood Insurance Program will be extended an additional 60 days beyond its scheduled May 31 expiration, after the U.S. House late May 30 approved by voice vote  an extension bill previously approved by the U.S. Senate. The vote, which came the day House members returned from a one-week Memorial Day recess, grants a [...]

Free markets don’t have to mean no regulation

Free markets don’t have to mean no regulation 0

A one-time boss of mine—a bearded gentleman who liked cigars, opera, candy and the Austrian School of economics—used to insist to me that the private sector would insure everything under the sun, if only the government would get out of the way, abolish all regulations and stop setting prices.  As such, he favored not only [...]

Letter from Washington: Why we should mend, not end, federal flood insurance

Letter from Washington: Why we should mend, not end, federal flood insurance 0

As the staff of the Heartland Institute’s Center on Finance, Insurance and Real Estate transitions to R Street, Out of the Storm News is going to be transitioning as well. Over the next few months, many of the features you see here will be transferred to  R Street’s soon-to-launch Word on the Street blog, which [...]