NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

Insurance Project Workshop

 

Kenneth Froot and Howard Kunreuther, Organizers

 

February 18, 2005

 

NBER

1050 Massachusetts Avenue

Cambridge, Massachusetts

 

PRELIMINARY PROGRAM

 

THURSDAY, FEBRUARY 17:

 

 

 6:30 p.m.

Group Dinner

 

Legal Sea Foods

 

Charles Square

 

20 University Road

 

Cambridge, MA

 

 

FRIDAY, FEBRUARY 18:

 

 

 8:30 a.m.

Continental Breakfast

 

 

 8:45 a.m.

Introductions

 

 

 9:00 a.m.

AMY FINKELSTEIN, Harvard University and NBER

 

JAMES POTERBA, MIT and NBER

 

CASEY ROTHSCHILD, MIT

 

Redistribution by Insurance Market Regulation: The Effect of Banning Gender-Based Retirement Annuities

 

 

 

Discussant: JEFFREY BROWN, University of Illinois at Urbana-Champaign and NBER

 

 

10:00 a.m.

Break

 

 

10:15 a.m.

GEORGE ZANJANI, Federal Reserve Bank of New York

 

Regulation, Capital, and the Evolution of Organizational Form in U.S. Life Insurance

 

 

 

Discussant:  DAVID MOSS, Harvard University

 

 

11:15 a.m.

ALEXANDER MUERMANN and STEPHEN SHORE, University of Pennsylvania

 

Spot Market Power and Futures Market Trading

 

 

 

Discussant:  CHRISTIAN LAUX, Goethe-University Frankfurt

 

 

12:15 p.m.

Lunch

 

 

 12:45 p.m.

Panel on Future of Terrorism Insurance: TRIA and Beyond

 

 

 

Moderator:  HOWARD KUNREUTHER, University of Pennsylvania and NBER

 

Panelists:    DWIGHT JAFFEE, UC, Berkeley

 

        KENT SMETTERS, University of Pennsylvania and NBER

 

        RICHARD THOMAS, American International Group

 

        BRIAN MELAS, Liberty Mutual

 

 

 1:30 p.m.

Panel on Role of Brokers in Insurance and Reinsurance Markets

 

 

 

Moderator:  KENNETH FROOT, Harvard University and NBER

 

Panelists:    WILLIAM BERKLEY, W.R. Berkley Corporation

 

        NEIL DOHERTY, University of Pennsylvania

 

        PHIL EDMUNDSON, William Gallagher Associates

 

        GORDON STEWART, Insurance Information Institute

 

 

 2:15 p.m.

STEPHEN DARCY, University of Illinois

 

RICHARD DERRIG, Automotive Insurers Bureau of Massachusetts

 

HERBERT WEISBERG, Correlation Research, Inc.

 

The Economics of Insurance Fraud Investigation: Evidence of a Nash Equilibrium

 

 

 

Discussant:  RICHARD PHILLLIPS, Georgia State University

 

 

 3:15 p.m.

Break

 

 

 3:30 p.m.

DAVID DRANOVE and ANNE GRON, Northwestern University

 

Has the Malpractice Crisis in Florida Really Affected Access to Care?

 

 

 

Discussant:  KATHLEEN MCGARRY, UC, Los Angeles and NBER

 

 

 4:30 p.m.

JAMES TYLER LEVERTY and MARTIN GRACE, Georgia State University

 

Dupes or Incompetents? 

 

An Examination of Management’s Impact on Property Liability Insurer Distress

 

 

 

Discussant: ARTHUR MURTON, Federal Deposit Insurance Corporation

 

 

 5:30 p.m.

Adjourn

 

 

 

 

 

 

2/9/05