Inside Sources: Restricting Access to Small Loans Amounts to Legalized Redlining

Will U.S. regulators put the breaks on small-dollar loans to American Consumers? A rule finalized by the Consumer Financial Protection Bureau in 2017 to impose onerous regulations on small-dollar loans would dramatically reduce access to credit for many struggling Americans who are locked out of the traditional banking system because of poor credit or low […]

Why Doing Away with Small-Dollar Loans is Not the Answer

Most Americans take access to credit for granted. A week doesn’t pass without spam mail advertising a new shiny credit card offering different perks and benefits. Recent estimates show that there were 364 million open credit card accounts in the United States as of the end of 2017, with about 7 in 10 Americans having […]

It’s Time to Finally Curb AOB Abuse, But Do it Correctly

Insurance and the law. The two terms are enough to put most people to sleep with boredom. But a festering crisis in Florida’s insurance industry has spawned huge increases in unnecessary lawsuits and translated into rate hikes for millions of homeowners and drivers — and costs will continue to spiral until lawmakers plug a major […]

Morning Consult: We Need New Ways to Finance Life Saving Gene Therapies

For the millions of Americans who suffer from genetic disorders and previously faced a lifetime of expensive and imperfect treatments, new cutting-edge gene therapies hold exceptional promise. However, our current health system is poorly equipped to make these lifesaving treatments broadly accessible to patients; that needs to change. Gene therapies, which were approved in the […]

Orlando Sentienel: Florida Insurance Rules are Punishing Consumers

Florida state insurance law has led to increased insurance rates for consumers with little or no benefit to them. The current Assignment of Benefits (AOB) rules have resulted in an extremely unlevel playing field involving on one side contractors and lawyers, and on the other side consumers and insurance companies. This has resulted in consumers […]

Let’s Put an End to Florida’s Biggest Insurance Scam

For the last six years, efforts to end the biggest scam in Florida’s insurance industry — AOB abuse — have repeatedly been stymied by special interests and a handful of powerful legislators. This year, Senator Doug Broxson, Chair of the Senate Banking and Insurance Committee, and Bob Rommel, Chair of the House Civil Justice Subcommittee, […]

Florida’s Assignment of Benefits Insurance Swindle

The Assignment of Benefits (AOB) fraud and abuse has affected hundreds of thousands of Floridians. In the first three quarters of 2018, there were 135,000 AOB cases. Homeowners are dragged into the swindle when they assign to a restoration contractor the right to have their insurance company pay for repairing damage to their home. The […]

THE HILL: National Flood Insurance Program Needs Long-Term Reauthorization to Address Key Challenges

As the House Financial Services Committee Meets this week to discuss reauthorizing the National Flood Insurance Program (NFIP), there is a lot at stake. The NFIP, on which 5 million Americans depend for protection from flooding, began with the best of intentions — reducing the burden on federal taxpayers stemming from flood relief while providing […]

Borrowing in a Field of Study That Pays

Many of our young adults pass through a college experience that leaves them burdened by heavy debt and a field of study choice that is likely to earn low wages. For many, the selection of a college and a major places oversized emphasis on the architectural beauty of the college, its “easy” courses, its students’ […]