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This paper addresses the role of independent insurance intermediaries in markets where matching is important. A controversial matter in the discussion concerning insurance interme- diation is the issue of compensation customs and how the latter affect prices, rents and advice quality in...
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In the aftermath of the financial crisis and an increasingly global economy, insurance regulation is facing increased criticism and scrutiny. The Florida State University (FSU) Center for Insurance Research recently hosted a panel presentation on the theme “Reforming Insurance Regulation:...
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This paper locks at markets charaterized by the fact that the demand side is insured. In these markets a consumer purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most lines of insurance base indemnity on the insured's...
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