The Impact of Hurricane Sandy on the Insurance Industry: Less Than You Think

By: Wednesday October 31, 2012 10:43 am

The common belief after a storm of the magnitude of Sandy is that the brunt of the cost will get picked up by insurance companies. But that’s far more true in the case of typical hurricanes in normal hurricane zones like the Gulf Coast. In the Atlantic Coast, insurance policies don’t come with flood insurance [...]

Congress Passes Student Loan/Transportation Package

By: Friday June 29, 2012 12:58 pm

Congress has quickly passed a series of bills, consolidated into one package, that freezes federal student loan interest rates at 3.4% for one year, and extends surface transportation funding for two years. The package also reauthorizes the federal flood insurance program for five years. Congress was clearly eager to get out of town for the [...]

Environmentalists Don’t Like Concessions in Transportation Bill

By: Friday June 29, 2012 8:55 am

Lost in the shuffle yesterday amid the health care ruling and the contempt citation for Eric Holder was the deal reached on a minibus package for freezing student loan interest rates, extending surface transportation funding for two years, and reauthorizing for five years the flood insurance program. That package will get House and Senate votes [...]

In Bipartisan Deal, Congress to Package Student Loan, Transportation, Flood Insurance Bills

By: Thursday June 28, 2012 6:15 am

As we await the Supreme Court ruling on health care, two of the other major stories of the week have reached a conclusion. Congress has reached agreement on a compromise package that will avert three separate deadlines and deliver some of the more robust lawmaking of the entire year to date. The first bill averts [...]

Congress Could Combine Student Loan, Highway Funding Bills

By: Tuesday June 26, 2012 12:19 pm

There’s still been nary a peep from Congress on deals on the two major expiring measures that conclude at the end of the week, one on transportation funding and another on federal student loan interest rates. All we know is that Harry Reid has threatened to keep the Senate in session over the weekend to [...]

Coburn Removes Flood Insurance Premium Subsidies for Vacation Homes

By: Friday May 25, 2012 8:59 am

I know Tom Coburn is derided as “Dr. No” among liberal circles for his propensity to reject all federal spending and act as a one-man filibuster in the Senate. But I defy anyone to take issue with his latest crusade, which actually ended in victory. Coburn objected to a clean reauthorization of the national flood [...]

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