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Persistent link: https://www.econbiz.de/10014452128
Why did shareholder liability disappear? We address this question by looking at its use by British insurance companies …) shareholders saw an opportunity to expunge something they disliked when insurance companies grew in size. Using hand … from 1830 until its complete disappearance by 1975. We explore three explanations for its demise: (1) regulation and …
Persistent link: https://www.econbiz.de/10013465609
life assurers, we examine the role of regulation, historical contingency and political reactions to events on the long … the UK with the United States, we find that regulation played a limited role in shaping the asset portfolios of the UK …
Persistent link: https://www.econbiz.de/10014284471
life assurers, we examine the role of regulation, historical contingency and political reactions to events on the long … the UK with the United States, we find that regulation played a limited role in shaping the asset portfolios of the UK …
Persistent link: https://www.econbiz.de/10012315010
life assurers, we examine the role of regulation, historical contingency and political reactions to events on the long … the UK with the United States, we find that regulation played a limited role in shaping the asset portfolios of the UK …
Persistent link: https://www.econbiz.de/10012315242
Liability insurers use a variety of tools to address adverse selection and moral hazard in insurance relationships … prior literature to explore them in the context of five areas of liability and corresponding insurance: shareholder … develop a conceptual framework to guide qualitative research on liability insurance as governance for initial application to …
Persistent link: https://www.econbiz.de/10013088333
obligations of insurance intermediaries and a liability rule to sanction violations. In order to interpret and substantiate the …How should intermediaries influence the insurance demand decision? The answer must refer to the interdependence of … essential for the insurance demand decision. Undoubtedly, consumers lack information about certain variables, and therefore …
Persistent link: https://www.econbiz.de/10010371522
This paper uses the complete property and casualty insurance files of the National Association of Insurance … which these damages are insurable. Limits on noneconomic damages were most influential in affecting insurance market … outcomes. Several punitive damages variables specifically affected the medical malpractice insurance market, including limits …
Persistent link: https://www.econbiz.de/10014069036
Persistent link: https://www.econbiz.de/10013143293
This paper uses a unique US dataset to analyze the demand for Directors' and Officers' liability insurance. This … insurance protects managers mostly from shareholder litigation. Corporate insurance presents a much different environment than … individual insurance and calls for in-depth empirical investigation of the reasons why corporation buy insurance at all. Risk …
Persistent link: https://www.econbiz.de/10011568692