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Insurance Markets: Information Problems and Regulation
     

Insurance Markets: Information Problems and Regulation

by David A. Lereah
 

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Both the insurance consumer and seller often find it extremely difficult to properly assess the type of product sold in the marketplace. In order to shed some light on today's insurance markets and their regulation, David Lereah examines both property-liability (accident) insurance markets and bank (FDIC) markets in the context of information problems, and

Overview

Both the insurance consumer and seller often find it extremely difficult to properly assess the type of product sold in the marketplace. In order to shed some light on today's insurance markets and their regulation, David Lereah examines both property-liability (accident) insurance markets and bank (FDIC) markets in the context of information problems, and evaluates the effects of existing regulations on market participants. Lereah's probing study concludes that the government, aside from assuring industry stability, should act as an information center so that the competitive insurance market can be free to effectively allocate the marketing and selling of insurance.

Product Details

ISBN-13:
9780275901356
Publisher:
Greenwood Publishing Group, Incorporated
Publication date:
04/15/1985
Pages:
192
Product dimensions:
6.69(w) x 9.84(h) x (d)

Meet the Author

reah /f David /i A.

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