Deregulating Property-Liability Insurance: Restoring Competition and Increasing Market Efficiency (AEI-Brookings Joint Center for Regulatory Studies)
| Author | : | |
| Rating | : | 4.43 (997 Votes) |
| Asin | : | 0815702434 |
| Format Type | : | paperback |
| Number of Pages | : | 216 Pages |
| Publish Date | : | 2014-08-02 |
| Language | : | English |
DESCRIPTION:
David Cummins is the Harry J. J. Loman Professor of Insurance and Risk Management at the Wharton School of the University of Pennsylvania.
"Deregulating Property-Liability Insurance provides an extensive look at the impact of regulation on various aspects of the property-liability insurance industry.Readers interested in the regulatory environment (and history) of the states examined in the papers would find this book an interesting read." —David Eckles, University of Georgia, Journal of Risk and Insurance, 3/1/2007
property-liability insurance market. Only a few industries remain regulated, the largest being the property-liability insurance business. The authors conclude that regulation does not significantly reduce long-run prices for consumers, and generally limits availability of coverage, reduces the quality and variety of services available in the market, inhibits productivity growth, and increases price volatility. Contributors include Dwight Jaffee (University of California, Berkeley), Thomas Russell (Santa Clara University ), Laureen Regan (Temple University), Sharon Tennyson (Cornell University), Mary Weiss (Temple University), John Worrall (Rutgers University), Stephen D'Arcy (University of Illinois, Urbana-Champaign), Martin Grace (Georgia State University), Robert Klein (Georgia State University), Richard Phillips (Georgia State University), Georges Dionne (University of Montreal), and Richard Butler (Brigham Youn