Reform of the Texas homeowners’ insurance market in 2003 called for a file-and-use regulatory system. However, in 2009, the Sunset Review Commission’s Staff Report on the Texas Department of Insurance (TDI) rightly concluded that the “Legislature cannot judge the success of the shift to file-and-use rate regulation because the system has not been fully implemented.” Conditions have little improved since the report was issued.
The debate questions Americans want answered
It’s just a shame the media in control of the debate will be unlikely to focus on the most vital issues. The media have begun their predictable lead-up to the first presidential debate slated for June 27 with the usual question — “Do debates really matter?” — before answering it themselves. As Politico’s Jack Shafer...