This study examines the relationships among market structure and performance in property‐
liability insurers over the period 1992–1998 using data at the company and group levels …

We use two reserve error definitions found in the literature to investigate the joint impact of
previously studied incentives on the magnitude of reserve error. We find many prior …

This research investigates the impact of regulation on state automobile insurance markets
while controlling for other state insurance market characteristics that may be related to …

The relationship between firm size, age, and growth is tested for the US property and liability
(P‐L) insurance industry, and the determinants of firm characteristics on firm growth are …

Competing insurance intermediaries provide heterogeneous services that are difficult for
incompletely informed consumers to assess. Transaction cost economics, search theory …

Insurance intermediaries can help consumers to economize on information and transaction
costs in insurance markets. However, competing intermediaries provide heterogeneous …

This article addresses the role of independent insurance intermediaries in markets where
matching is important. We compare fee‐based and commission‐based compensation …

We examine the ability of insurers to influence the coverage limit decisions of 180,000
households in the National Flood Insurance Program. In this program, private insurers sell …

Complex services systems (CSS) involve multiple stakeholders and processes. Therefore,
digitalization in CSS is not straightforward and is especially challenging in terms of …

Purpose–The purpose of this paper is to chart the development of bancassurance as a
method of selling insurance and how it fits within the regulatory environment in Ireland …