Florida property insurers would need to raise rates by more than 70% to reach a 14% ROE target, according to Aon Benfield.
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politics
A dispute between State Farm and other insurers over what will happen to the company’s former flood insurance policies could hold up agreement on reforms to the National Flood Insurance Program.
Author Laura Laing is the guest on this week’s FIRE podcast, talking with host Arin Greenwood about her new book Math for Grownups, and how basic math skills can help a person unpack political rhetoric. Listen to the podcast here, or subscribe to the FIRE podcast in iTunes.
The debt downgrade is justified, is a disaster and is on the Republican Party, says Eli Lehrer.
Letter From Chicago: Fools, Dancing and Otherwise
Guest columnist Ann C. Logue on Rahm Emanuel’s labor negotiations, how Stand For Children got the votes it needed to limit collective bargaining rights for Illinois teachers, and saggy pants bans.
Eli Lehrer on the Green Scissors report and why small-government conservatives should support it; why CPAC is wrong to exclude sexual minorities; and the making of a giant coin.
Debt Debate Should be Over Lowering the Ceiling Instead of Raising It, Says Ludwig von Mises Institute Economist
As Washington negotiates a debt ceiling-raising deal, and panic sets in about the consequences of that deal not being reached before the default date, Mark Thornton, an economist and senior fellow at the Ludwig von Mises Institute in Auburn, Alabama, argues that the debt ceiling shouldn’t be raised at all. In fact, Thornton argues, it should be lowered.
Letter From Columbus: One Encouraging Sign
Ohio director Alan B. Smith thinks the opposition is too busy brooding to acknowledge the good things happening in Ohio’s economy, like the upgrade from “negative” to “stable” by Standard & Poor’s.
Eli Lehrer thinks Obama nominee Rebecca Wodder – the former head of American Rivers – has a lot to offer small-government conservatives. He thinks that Texas Governor Rick Perry’s record should give pause to small-government conservatives. And he thinks that the current lineup of wannabe Presidents skews odd. Very odd.
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