We assess the capacity of the U.S. property-liability insurance industry and the efficiency of the state guaranty fund … over time under assumptions of increasing loss frequency and severity. We find that some attributes of insurance guarantees … present short-term problems for policyholders and create long-term challenges for competitive private insurance markets …

The use of blockchain technology in private investment funds is proliferating. Using a dataset of private investment … fund advisers that utilize blockchain technology (N=120), we explore the core commonalities and differences in the use of … blockchain technology between European and American fund advisers.The data analysis in this article suggests that the market for …