The Sunshine State is putting public pension money into risky bonds that transfer risk away from insurance companies.
home insurance
Posted inTAP
Inflation, Misguided Economics, and the Fed
Today on TAP: Once again, mainstream analysts and Fed economists miss the real story in the latest inflation numbers—which is hidden in plain view if you bother to look.
Posted inEconomic Policy
Democrats Must Start Distinguishing Themselves on Insurance Policy
Amid a crisis for homeowners, Democrats have done little while Republicans pursue an agenda of bailouts and deregulation.
Posted inTAP
How the Fed Keeps Getting Inflation Wrong
Today on TAP: More than 400 economists work for the Federal Reserve Board. Far too many are intimidated by the echo chamber of bad economics created by Chair Jay Powell.
Posted inPolitics
Clawing Their Way Back to Relevance
The Florida Democratic Party aims to take advantage of Republican miscues and sweep up the voters who are fed up with them.
Posted inEconomic Policy
Jay Powell’s Legacy Depends on Whether He Steps Up on Climate Risk
In advance of his Jackson Hole speech, the Fed chair has neglected his role of ensuring the safety and soundness of banks with substantial fossil fuel assets.
Posted inTAP
The Climate Home Insurance Apocalypse Is Nigh
Today on TAP: Farmers Insurance Group and AIG are halting home policy sales in Florida. They weren’t the first and they won’t be the last.