On the American Legislative Exchange Council, a D.C. nonprofit with a library of more than 800 pieces of fill-in-the-blank legislation ready for state legislatures across the country.

On the insurer’s insurer and calculating the risk of modern catastrophe:

Reinsurers are ultimately responsible for every new thing that God can come up with. As losses grew this decade, year by year, reinsurers have been working to figure out what they can do to make the God clause smaller, to reduce their exposure. They have billions of dollars at stake. They are very good at thinking about the world to come.

Is the streaming Swedish music service, now making its U.S. debut, the best shot the industry has at staying profitable and relevant?