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This paper explores the economic issues related to systemically important insurance companies, using an example from … the Great Depression, the National Surety Company. National Surety was a large and diverse insurance company that … policyholders staged a massive run on the company, demanding the return of their unearned premiums. The New York State Insurance …
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politics of “crisis insurance” programs. The analysis helps explain why ex-post insurance is popular, why it tends to be … eliminated, through appropriate standing polices for ex post funding of crisis insurance …
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two of New York City's fifteen banks. Life and Fire Insurance became the largest of the bankruptcies. In violation of New … insurance industry. These lending practices, based on an instrument known as a post note, were initially sound, but were later …
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proxy of individual risk in the banking sector, may be a useful tool when applied in the insurance sector. However …-score approaches to examine which one best fits insurance companies. The authors use a final dataset of 183 firms (1,382 observations …) operating in the Spanish insurance sector during the period 2010-2017. Design/methodology/approach - In the first stage, the …
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Mortgage insurance compensates lenders for losses in the event of default by borrowers. Whether offered by private … mortgage insurance companies or the Federal Housing Administration (FHA), mortgage insurance is often required for borrowers … with insufficient wealth for a large downpayment in order to purchase a home. Consequently, mortgage insurance is …
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