WorldCat Linked Data Explorer

Turtle N-Triple JSON-LD RDF/XML HTML Contact Us Home

http://worldcat.org/entity/work/id/48497203

The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses

Examines the effects of tort reforms on the losses of insurance companies that write medical malpractice policies, by analysis of the companies' annual reports to the National Association of Insurance Commissioners, 1984-2003.

Open All Close All

type

about

author

contributor

creator

description

http://schema.org/description

  • ""Whereas the literature evaluating the effect of tort reforms has focused on reported incurred losses, this paper examines the long run effects using a comprehensive sample by state of individual firms writing medical malpractice insurance from 1984-2003. The long run effects of reforms are greater than insurers' expected effects, as five year developed losses and ten year developed losses are below the initially reported incurred losses for those years following reform measures. The quantile regressions show the greatest effects of joint and several liability limits, noneconomic damages caps, and punitive damages reforms for the firms that are at the high end of the loss distribution. These quantile regression results show stronger, more concentrated effects of the reforms than do the OLS and fixed effects estimates for the entire sample"--John M. Olin Center for Law, Economics, and Business web site."
  • "Examines the effects of tort reforms on the losses of insurance companies that write medical malpractice policies, by analysis of the companies' annual reports to the National Association of Insurance Commissioners, 1984-2003."@en
  • "Whereas the literature evaluating the effect of tort reforms has focused on reported incurred losses, this paper examines the long run effects using a comprehensive sample by state of individual firms writing medical malpractice insurance from 1984-2003. The long run effects of reforms are greater than insurers' expected effects, as five year developed losses and ten year developed losses are below the initially reported incurred losses for those years following reform measures. The quantile regressions show the greatest effects of joint and several liability limits, noneconomic damages caps, and punitive damages reforms for the firms that are at the high end of the loss distribution. These quantile regression results show stronger, more concentrated effects of the reforms than do the OLS and fixed effects estimates for the entire sample."

name

http://schema.org/name

  • "The effects of tort reform on medical malpractice insurers ultimate losses"
  • "The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses"
  • "The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses"@en
  • "The effects of tort reform on medical malpractice insurers' ultimate losses"@en
  • "The effects of tort reform on medical malpractice insurers' ultimate losses"
  • "The effects of tort reform on medical malpractice insurersúltimate losses"
  • "The effects of tort reform on medical malpractice insureres' ultimate losses"
  • "The Effects of tort reform on medical malpractice insurers' ultimate losses"

workExample