Insurance regulation: The need for policy reform

The Future of Insurance Regulation in the United States

Volumn , Issue , 2009, Pages 117-143

  Grace, Martin F ^a   Klein, Robert W ^b  

^a International Services   (United Kingdom)

^b GEORGIA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84860688169     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (31)

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2. Automobile Insurance Plan Services Office. 2008. AIPSO Facts: 2006. Johnston, R. I.
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4. Citizens Property Insurance Corporation. 2008. Citizens Combined Summary Report. Jacksonville, Fla.
5. Commission of the European Communities. 2007. "Proposal for a Directive of the European Parliament of the Council on the Taking-Up and Pursuit of the Business of Insurance and Reinsurance: Solvency II." Brussels.
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7. -, ed. 2002. Deregulating Property-Liability Insurance: Restoring Competition and Increasing Market Efficiency. Washington: AEI-Brookings Joint Center for Regulatory Studies.
8. Cummins, J. David, Martin F. Grace, and Richard D. Phillips. 1999. "Regulatory Solvency Prediction in Property-Liability Insurance: Risk-Based Capital, Audit Ratios, and Cash Flow Simulation. " Journal of Risk and Insurance 66, no. 3:417-58.
9. Cummins, J. David, Scott E. Harrington, and Robert W. Klein. 1995. "Insolvency Experience, Risk-Based Capital, and Prompt Corrective Action in Property-Liability Insurance." Journal of Banking and Finance 19, nos. 3-4:511-27.
10. Cummins, J. David, and Mary A. Weiss. 1991. "The Structure, Conduct, and Regulation of the Property-Liability Insurance Industry." Federal Reserve Bank of Boston, Conference Series, 117-64.
11. Eling, Martin, and Ines Holzmuller. 2008. "An International Overview and Evaluation of Risk-Based Capital Standards." Working Paper. University of St. Gallen, Switzerland.
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14. Grace, Martin F., and Robert W. Klein. 2007. "The Effects of an Optional Federal Charter on Competition in the Life Insurance Industry." Report to the American Council of Life Insurers. Georgia State University.
15. 2008. "The Past and Future of Insurance Regulation: The McCarran-Ferguson Act and Beyond." Working Paper. Georgia State University.
16. Grace, Martin F., Robert W. Klein, and Zhiyong Liu. 2006. "Mother Nature on the Rampage: Implications for Insurance Markets." Working Paper. Georgia State University.
17. Grace, Martin F., Robert W. Klein, and Richard D. Phillips. 2002a. "Managing the Cost of Property-Casualty Insurer Insolvencies." Report to the National Association of Insurance Commissioners. Georgia State University.
18. 2002b. "Auto Insurance Reform: Salvation in South Carolina." In Deregulating Property-Liability Insurance: Restoring Competition and Increasing Market Efficiency, edited by J. David Cummins, pp. 148-94. Washington: AEI-Brookings Joint Center for Regulatory Studies.
19. Hall, Brian J. 2000. "Regulatory Free Cash Flow and the High Cost of Insurance Company Failures." Journal of Risk and Insurance 67, no. 3:415-38.
20. Harrington, Scott E. 2002. "Effects of Prior Approval Rate Regulation of Auto Insurance." In Deregulating Property-Liability Insurance: Restoring Competition and Increasing Market Efficiency, edited by J. David Cummins, pp. 285-314. Washington: AEI-Brookings Joint Center for Regulatory Studies.
21. 2006. "Federal Chartering of Insurance Companies: Options and Alternatives for Transforming Insurance Regulation. " Policy Brief 2006-PB-02. Networks Financial Institute, Indiana State University.
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24. James, C. 1991. "The Losses Realized in Bank Failures." Journal of Finance 46, no. 4:1223-42.
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26. Klein, Robert W. 2005. A Regulators Introduction to the Insurance Industry. Kansas City, Mo.: National Association of Insurance Commissioners.
27. 2007. "Catastrophe Risk and the Regulation of Property Insurance: A Comparison of Five States." Working Paper. Georgia State University.
28. Klein, Robert W., and James Schacht. 2001. "An Assessment of Insurance Market Conduct Surveillance." Journal of Insurance Regulation 20, no. 1:51-93.
29. Klein, Robert W., and Shaun Wang. 2007. "Catastrophe Risk Financing in the United States and the European Union: A Comparison of Alternative Regulatory Approaches." Working Paper. Georgia State University.
30. National Association of Insurance Commissioners. 2008. Compendium of State Laws on Insurance Topics. Kansas City, Mo.
31. Willenborg, Michael. 2000. "Regulatory Separation as a Mechanism to Curb Capture: A Study of the Decision to Act against Distressed Insurers." Journal of Risk and Insurance 67, no. 4:593-616.