One unusual feature of the U.S. property-casualty insurance industry is the coexistence of stock and mutual companies … insurance companies respond to differences in their underwriting environment. Agency theories suggest that the stock company may …' performance, by state and by line, in eight different lines of insurance. Stock companies are more likely than mutuals to reduce …

Care Act (ACA)'s Health Insurance Marketplaces. The RC program, which was defunded ahead of coverage year 2016, and ended … defunding, had greater premium increases in 2017, after the program ended. Insurance markets in which more insurers made RC …

Spain, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a …

The connections between globalization and democracy are a classic question in international political economy and a … positive relationships running both ways between globalization and democracy, though exceptions obtain at particular times …

In the United States, households obtain health insurance through distinct market segments. We explore the economics of …

We study how risk management through hedging impacts firms and competition among firms in the life insurance industry …

Insurance markets often feature consumer sorting along both an extensive margin (whether to buy) and an intensive …