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Subscribe to Brookings-Wharton Papers on Financial Services

The seventh in a series of annual volumes on the financial sector from the Brookings Institution and the Wharton School at the University of Pennsylvania focuses on public policy issues confronting the insurance industry.

Contents include:

Editors' Summary (Full Text Online)

Extending the Theory to Meet the Practice of Insurance (Abstract)
David M. Cutler and Richard Zeckhauser

The Crisis in Medical Malpractice Insurance (Abstract)
Patricia M. Danzon, Andrew J. Epstein and Scott J. Johnson

Tort Liability, Insurance Rates, and the Insurance Cycle (Abstract)
Scott E. Harrington

Insuring agains Terrorism: The Policy Challenge (Abstract)
Kent Smetters

Brokers and the Insurance of Non-Verifiable Losses (Abstract)
Neil A. Doherty and Alexander Muermann

Consolidation in the European Insurance Industry: Do Mergers and Acquisitions Create Value for Shareholders? (Abstract)
J. David Cummins and Mary A. Weiss