The late Thomas Kinkade’s paintings may not ever appreciate in value. But then again, neither do most items bought on the basis of taste.
Rep. Norton’s bill points one possible way forward for a truly private market in terrorism risk insurance.
While the Florida reinsurance market shows signs of hardening, a new national auto insurance survey shows just how complicated rates can be.
Florida’s insurance system will be in better shape than it was last year, but the legislation passed during the just-completed 2012 session won’t fix deep underlying problems.
AIG has sold off a few more assets and posted big profits in 2011. But the U.S. Treasury continues to play politics in choosing the “right” moment to finally end the bailout.
Seven years after Hurricane Katrina, lack of affordable property insurance remains a barrier to building some parts of the Mississippi coast.
Sens. David Vitter and Jon Tester are leading a final push to get flood insurance reform passed in Congress.
North Carolina needs to shrink its largest-in-the-nation residual market and end the policy of guaranteeing insurers’ profits.
Expect Congress to pass flood insurance reform and make progress on crop insurance. Legislation looking to create optional federal charter, a national catastrophe fund backstop or to roll back Dodd-Frank or Sarbanes-Oxley all face significantly longer odds.
Letter from Washington: Don’t repeat Soviet mistakes here
Twenty years after the fall of the Soviet Union, on Christmas Day 1991, it bears repeating how much centralization led to the collapse.