Insurance Stock Prices Following the 1994 Los Angeles Earthquake
AbstractThis study examines the changes in insurance firm value following the 1994 Los Angeles earthquake. While prior studies found that the 1989 San Francisco earthquake was associated with an increase in earthquake insurers’ firm value, the findings of this study indicate that earthquake firms sustained their value following the 1994 earthquake. These results and their implications provide insight for investors, regulators, and other policymakers as regards future earthquakes.
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Bibliographic InfoArticle provided by Western Risk and Insurance Association in its journal Journal of Insurance Issues.
Volume (Year): 18 (1995)
Issue (Month): 1 ()
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