Corporations are very good at finding ways to get the government to pass their risks on to consumers. The Ex-Im Bank, government green energy subsidies, and Dodd-Frank's "too-big-to-fail" provisions are all ways that you the taxpayer are left holding the bill for private companies who take on risks that the market does not support. Congress is about to renew yet another of these expiring corporate welfare programs this week - TRIA, the Terrorism Risk Insurance Act.

Florida’s property insurance market is currently in disarray, the product of over-regulation that has hampered competition. With the imminent threat of hurricane season, the Florida state legislature is once again considering the issue of insurance reform; hopefully it will take the opportunity to revitalize Florida’s fiscally vulnerable insurance market.

As Florida’s legislative session opens, insurance reform looms as a hot topic.  Legislation and regulation have all but destroyed the market for property insurance in Florida, reducing availability while increasing the state’s financial risk.  Poor public policy has driven major carriers from the market, leaving consumers a choice of either state-run Citizens Property Insurance Corporation or small insurance companies that most people do not recognize.