In this paper, we investigate earnings management surrounding forced CEO turnover for U.S. property-casualty insurance …

States levy insurance premium taxes, which are essentially gross receipt taxes on premiums. A very unusual … characteristic of insurance premium taxes is that in each state in which an insurance company writes premiums, the firm pays the …-C) insurance industry, we calculate the firm-specific tax rate for each P-C firm for every possible state of domicile. We estimate …

-casualty (P/C) insurance industry. Eckles, Halek and Zhang (2014) find that information risk has no effect on the cost of equity …

-liability insurance industry …

these changes should have affected the equilibrium prices of property-casualty insurance policies, and explores the extent … insurance policy and industry data on premiums earned. Although the predicted impact of the changes in the tax rules enacted in … longest-tail line of insurance, in 1987), it is small relative to the variability of the actual loss experience …

Chapter One: Introduction -- Chapter Two: Background -- Chapter Three: Insurance on Public Buildings, Contents …, Vehicles, and Equipment -- Chapter Four: Drivers of Insurance Share for Buildings, Contents, Vehicles, and Equipment -- Chapter … Closing the Insurance Gap -- Chapter Seven: Conclusion -- Appendix A: Glossary -- Appendix B: Statistical Methodology …