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The economics of property-casualty insurance / edited by David F. Bradford.
- Format:
- Book
- Series:
- National Bureau of Economic Research project report.
- A National Bureau of Economic Research project report
- Language:
- English
- Subjects (All):
- Casualty insurance--United States.
- Casualty insurance.
- Property insurance--United States.
- Property insurance.
- Physical Description:
- 1 online resource (218 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Chicago : The University of Chicago Press, 1998.
- Language Note:
- English
- Summary:
- 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 1980's on the prices of insurance policies.
- Contents:
- Front matter
- Contents
- Acknowledgments
- Introduction
- 1. External Financing and Insurance Cycles
- 2. The Effects of Tax Law Changes on Property-Casualty Insurance Prices
- 3. The Causes and Consequences of Rate Regulation in the Auto Insurance Industry
- .4 Rate Regulation and the Industrial Organization of Automobile Insurance
- 5. The Costs of Insurance Company Failures
- 6. Organizational Form and Insurance Company Performance: Stocks versus Mutuals
- Contributors
- Author Index
- Subject Index
- Notes:
- Description based upon print version of record.
- Includes bibliographical references and indexes.
- ISBN:
- 9786611223182
- 9781281223180
- 1281223182
- 9780226070322
- 0226070328
- OCLC:
- 290523450
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