Here is one Floridian paper’s news release summarizing the signing of the Citizens Reform bill today.  

Jon Cassidy writes a great piece on how insurance regulations our ripping off taxpayers in Texas.  He cites a study by ACI, among others, and does excellent job in showing how government price controls, insurance pools and trial attorneys are pushing costs to consumers in the name of helping them.  You can read his piece [...]

The Huffington Post published today a piece by Steve Pociask, president of ACI.  The piece discusses reintroduced designed to allow credit unions to compete against banks for small business lending.  The piece can be downloaded and read here.

A week ago, I received a cancellation notice for a South Carolina residential insurance policy.  It surprised me.  I’d spoken with the agency two weeks earlier and they did not alert me to the overdue status.  I had also spoken about my auto with a Florida agency of the same insurance company a week ago [...]

The European Union (EU) is a large trading partner for the US and so the EU’s economic health matters to American consumers and workers.  We exchange goods and services from comparably skilled labor forces and from well-capitalized industries with comparable technology.  Our trade with the EU is not about offshoring jobs to subsistence-wage workers. While the [...]

Earlier we noted surprises in the budgetary emphasis on energy and transportation.  Without prose to explain its retreat, the White House slashed spending in its quest for cars that run on pure green thoughts.  All that remains is deep seated hostility to most families’ means of transportation. Some of the biggest reductions in the budget [...]

Beautiful river and coastal areas are often expensive places to live and few can afford high priced “beachfront” property for their primary residence or cottage.  Wind damage and flooding are obvious risks and the cost of insurance against those risks is far higher than elsewhere.  We extend our best wishes to those lucky people who [...]

The New York Federal Reserve Board reported in May 2012 that U.S. Household debt, including home mortgages, consumer credit, auto loans, and student loans totaled $11 trillion, down a little since 2011, as families adjusted what they owe to a more tolerable level.  In contrast, Federal debt grows steadily and stands at $16.6 trillion.  Big [...]

Burdens Felt From Offshore The European Union (EU) stands in contrast to our recently buoyant US economy.  The US shows a healthy 236,000 jobs created, unemployment down to 7.7%, a 10-year T-bill near 2%, retail sales up by 1.1%, and we expect growth in the 1.5% range despite fiscal cliff injuries.  There are worries, but [...]

Chicken Little lacked the aggressiveness of DC’s political fabulists, but he was just as wrong.  The sequester has real consequences, yet in our world the sky is not falling.  And despite stylish braying, when we awaken tomorrow grannie and the little kids will still be alive and cared for.  The spending cut of $1.2 trillion [...]