January 2009

The Beach Plan! For those of you interested in analysis of the latest goings-on concerning the notorious Beach Plan, please click here IntroToInsuranceWindstorm  to read more about the report from the John Locke Foundation, and my response to its author. (January 24, 2009)

I see Tottenham Hotspur has a goalkeeper named Ben Alnwick playing for the side. Is that his real name? But whom else could he play for? (January 21, 2009)

The John Locke Foundation has published a report on the notorious North Carolina Beach Plan (see notes below, and under Articles, Reports), which can be found athttp://www.johnlocke.org/policy_reports/display_story.html?id=191.  While this report sheds some bright light on some of the financial structures of the insurance industry, my opinion is that it raises more questions than it answers (e.g. what has Wayne Goodwin’s role been in all this? what exactly are ‘coastal counties’, why have rates increased while the Beach plan has monopolized Wind and Hail business, but liabilities apparently increased even more?) and I am a little disappointed in it. I intend to contact the report’s author (with whom I was in contact before the report came out), as soon as I have time to get round to it. (January 16, 2009)

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