Abstract:Given the purpose of the book-to provide an observational framework for considering the wisdom of property-liability insurance price regulation in general-the choice to focus on automobile insurance pricing makes sense. The size and importance of the auto insurance line to the property-liability insurance industry is staggering, such that the question of whether to deregulate it is of significant interest to a mass group. And it is one of only a few property-liability insurance lines that remain regulated, thu… Show more
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