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 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 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...

The solvency and market conduct regulations play a crucial role in supporting life insurance development by boosting consumer confidence and securing a stable environment for insurers to write business. The regulation encapsulates not only the legal framework but also its enforcement. We focus...