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:...

In this paper, we examine the effects of state rate regulatory stringency on insurers' loss ratios at the firm level in homeowners insurance. We use several different measures of regulation per se and regulatory stringency. In one model, we use the type of state rating law as our measure of...

In this paper, we evaluate state regulation of insurance markets subject to catastrophe risk and, more specifically, homeowners insurance and commercial property insurance. When insurers suffer substantial losses following a catastrophic event, pressures on property insurance markets can...

This paper uses the complete property and casualty insurance files of the National Association of Insurance Commissioners from 1984-1991 to assess the effect of medical malpractice reforms pertaining to damages levels and the degree to which these damages are insurable. Limits on noneconomic...