In light of recent sweeping financial modernization legislation in airline, trucking, railroad, telecommunications, and banking sectors of the insurance industry, this timely volume examines the basis for continued regulation of rates and forms of the U.S. property-liability insurance market, particularly for private passenger automobiles.New Jersey borders two cities, New York and Philadelphia, that actually have auto insurance rates higher than some New Jersey territories.124 ... Allstate and other insurers have been aggressive in pursuing and prosecuting suspected systems abusers. ln 1997 Allstate filed suit against ... For a discussion of high rates in cities and the relared problem of uninsured drivers, see Smith and Wright ( 1992).
|Title||:||Deregulating Property-liability Insurance|
|Author||:||J. David Cummins|
|Publisher||:||Brookings Institution Press - 2002-01-01|