Christine L. Agnew (Houston) has published Come Hell and High Water: Can the Tax Code Solve the Post-Katrina Insurance Crisis?, 11 Lewis & Clark L. Rev. 701 (2007). Here is part of the abstract:
This Article provides an extensive legal and economic analysis of the post-Katrina insurance crisis and considers what impact (if any) the Tax Code can have on the crisis. This Article describes recently proposed tax legislation that attempts to solve the crisis by amending the Tax Code and explains why this proposed legislation would provide insurers with a windfall. Most importantly, this Article uses the proposed tax legislation as a poignant example of why subsidizing insurance costs through the Tax Code threatens to destabilize an otherwise stable insurance industry.



