The Economics of Property-Casualty Insurance

The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business.

The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.

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The Economics of Property-Casualty Insurance

The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business.

The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.

63.99 In Stock
The Economics of Property-Casualty Insurance

The Economics of Property-Casualty Insurance

by David F. Bradford (Editor)
The Economics of Property-Casualty Insurance

The Economics of Property-Casualty Insurance

by David F. Bradford (Editor)

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Overview

The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business.

The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.


Product Details

ISBN-13: 9780226070322
Publisher: University of Chicago Press
Publication date: 12/01/2007
Series: National Bureau of Economic Research Project Report
Sold by: Barnes & Noble
Format: eBook
Pages: 214
File size: 4 MB

Table of Contents

Acknowledgments

Introduction by David F. Bradford

1: External Financing and Insurance Cycles

Anne Gron, Deborah Lucas.

2: The Effects of Tax Law Changes on Property-Casualty Insurance Prices

David F. Bradford, Kyle D. Logue.

3: The Causes and Consequences of Rate Regulation in the Auto Insurance Industry

Dwight M. Jaffee, Thomas Russell.

4: Rate Regulation and the Industrial Organization of Automobile Insurance

Susan J. Suponcic, Sharon Tennyson.

5: The Costs of Insurance Company Failures

James G. Bohn, Brian J. Hall.

6: Organizational Form and Insurance Company Performance: Stocks versus Mutuals

Patricia Born, William M. Gentry, W. Kip Viscusi [et al.].

Contributors

Author Index

Subject Index

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