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3 Mar 2013, 9:30 pm by Howard Kunreuther and Mark Pauly
Insurance is an extraordinarily useful tool to manage risk. [read post]
10 May 2011, 6:00 am by Audrey Distler
The Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking last month to establish a clear liquidation process for large financial institutions commonly described as “too big to fail. [read post]
15 Feb 2012, 9:30 pm by Karen Levit
Senators Robert Casey (D-PA) and John McCain (R-AZ) recently introduced a bipartisan bill intended to streamline the regulatory approval process for medical devices. [read post]
29 Mar 2012, 7:00 am by Suzanne Levy
By a largely party-line vote of 223-181, the House of Representatives last week approved legislation that would strip the Obama Administration's health care law of a provision that creates a cost-cutting board known as the Independent Payment Advisory Board (IPAB). [read post]
24 Jan 2012, 9:00 pm by Vanessa Kurzweil
The Department of Health and Human Services (HHS) has announced that the Trustmark Life Insurance Company’s proposed insurance plan rate increases in five states were unreasonably high. [read post]
13 Aug 2013, 9:30 pm by Ralph S. Tyler
A large gap in the regulatory system is the absence of data and analysis to determine whether agency rules accomplish their intended purposes. [read post]
30 Oct 2013, 9:39 pm by Edgar Mkrtchian
A European Commission proposal to regulate electronic cigarettes as pharmaceuticals has run into substantial roadblocks. [read post]
4 Nov 2013, 9:02 pm by Marie Logan
Last month, representatives from nations around the world met in Japan to sign a landmark convention that seeks to reduce global emissions of mercury. [read post]
Congress will soon be returning from a five-week recess, during which it left behind a lengthy list of uncompleted work: farmers facing one of the most devastating drought seasons in 50 years are unclear whether they will receive federal assistance; over $100 billion in across-the-board cuts are expected to impact domestic programs and military spending on January 2, 2013, without much thought given to how to balance efficiency and equity; the future of the United States Postal Service and its… [read post]
15 Sep 2011, 12:00 am by Joel Outten
Public Citizen, a consumer rights advocacy group, filed a petition last month asking the US Food and Drug Administration (FDA) to amend regulations that prevent generic drug manufacturers from updating product labels with pertinent safety data.According to the petition, manufacturers of generic drugs are not authorized to update their labels through the prior-approval-supplement (PAS) or changes being-effected (CBE) procedures available to the manufacturers of brand-name drugs.  [read post]
16 Mar 2010, 4:52 am by Penn Program on Regulation
The National Security Archive, a Washington, DC-based NGO that collects national security documents obtained through Freedom of Information Act (FOIA) requests, yesterday released a report reviewing the Obama Adminisration's first year of FOIA information. [read post]
25 Oct 2011, 12:00 am by Jonathan Mincer
Accusing regulations of impeding “economic growth and job creation,” a bipartisan group of members of Congress have introduced a bill, in both the House and the Senate, to place procedural hurdles on agency rulemakings. [read post]
22 Feb 2012, 9:55 pm by Thomas Cockriel
Five mortgage servicers accused of lending violations agreed to the largest joint federal-state civil settlement ever. [read post]
17 Jan 2013, 9:30 pm by Mima Mohammed
President Obama announced executive actions and legislative proposals to combat gun violence.Regulators worldwide ordered the grounding of Boeing 787’s until they could determine what may be causing a new type of battery to fail.Federal court took further action to uphold a decision for the Environmental Protection Agency (EPA) ruling to allow higher ethanol blends.Consumer Financial Protection Bureau (CFPB) issued new mortgage servicing rules that will take effect in 2014.The Federal Trade… [read post]
24 Feb 2011, 6:00 am by Penn Program on Regulation
The Environmental Protection Agency’s (EPA) mandatory greenhouse gas (GHG) reporting program requires more than 10,000 facilities to file annual reports, each containing over 1,500 data elements. [read post]
10 Oct 2011, 12:00 am by Kevin Haninger and James K. Hammitt
There are few empirical studies of the monetary value of protection against non-fatal illness. [read post]
7 Feb 2012, 9:30 pm by Suzanne Levy
The Department of Health and Human Services (HHS) recently submitted to Congress recommendations from the Food and Drug Administration (FDA) for a user fee program for biosimilar drugs. [read post]
10 Jan 2013, 9:30 pm by Mima Mohammed
The Consumer Financial Protection Bureau (CFPB) announced it is issuing new mortgage rules to limit risky lending.The Obama Administration said it is considering taking executive action on gun control.The United States Department of Agriculture (USDA) declared a drought disaster in large portions of Kansas, Colorado, Oklahoma, and Texas.The National Highway Traffic Safety Administration (NHTSA) detailed its proposal for new sound requirements for hybrids and EV’s traveling below 18 miles per… [read post]
20 Feb 2013, 9:30 pm by Margot Campbell
Days before President Obama suggested that Americans “shift our cars and trucks off oil for good” during his State of the Union Address, the Environmental Protection Agency (EPA) proposed a rule that would require energy companies to increase the amount of cellulosic ethanol in diesel and gasoline. [read post]
19 Sep 2011, 12:00 am by Alberto Alemanno
A recent judgment of the Court of Justice of the European Union in a case called Gowan seems to confirm the most pessimistic views from both sides of the Atlantic about the dangers of the precautionary principle.  [read post]