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The issue of subsidence is important in many parts of the country. Whether caused by mines collapsing, oil pumping, or weather, property owners are faced with how to finance these losses, which are not typically covered in standard property policies. Several states have devised funding...
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Hurricane models are a significant tool used in estimating loss costs in catastrophe-prone areas. While the major hurricane loss cost models consider a consistent set of factors, there are variations in how the factors are treated in the models. This can lead to considerable variation in the...
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This study examines the effect of the state of the international reinsurance market on the demand for reinsurance by U.S. insurers using data from the years 1993 through 2000. Both the overall demand for reinsurance and the utilization of foreign reinsurance by U.S. insurers are explored. In...
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This study provides a test of the eclectic paradigm with data from U.S. reinsurers. The U.S. reinsurance industry provides a unique setting to test the eclectic paradigm due to the extensive data available on U.S. reinsurers and the well-developed literature related to reinsurance. The ability...
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