R.J. Lehmann is senior fellow and director of finance, insurance and trade policy for the R Street Institute, overseeing the institute’s research into effective and efficient regulation of financial services and the benefits of the international rules-based trading system. Lehmann was a co-founder of R Street.
Earthquakes are among the most devastating and economically destructive natural disasters, with the 1994 Northridge earthquake still ranking as the fifth-costliest disaster in U.S. history. Yet unlike other common perils such as floods, fires and windstorms, the overwhelming majority of earthquake risk in the U.S. is completely uninsured. Even in California, the most earthquake-exposed state […]