The authors demonstrate how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms.

This study outlines the compelling case for widespread deregulation of property-liability insurance rates and forms.

This study outlines the compelling case for widespread deregulation of property-liability insurance rates and forms.

The authors demonstrate how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms.