IDEAS home Printed from https://ideas.repec.org/a/wri/journl/v9y1986i2p57-73.html
   My bibliography  Save this article

The Effect of Valued Policy Laws on Selected Measures of Arson

Author

Listed:
  • Joe H. Murrey Jr.
  • Robert E. Pitts
  • Dennis S. Tosh
  • Kenneth W. Hollman

Abstract

A comment in a widely used insurance law text runs as follows: "Many American states have enacted valued policy laws applicable to fire insurance policies in case there has been a total loss. In such cases, the laws generally provide that the face value of the policy must be paid no matter whether the 'actual cash value' is less or not. … This study examines the impact of valued policy statutes on fire loss rates and arson across states. A cross-sectional regression modeling methodology is presented in which a socio-economic model of the environmental factors related to arson is developed. The impact of valued policy statutes on fire loss rates and arson is examined in the regression model with the socio-economic covaried with whether or not the state has(d) a valued policy statute.

Suggested Citation

  • Joe H. Murrey Jr. & Robert E. Pitts & Dennis S. Tosh & Kenneth W. Hollman, 1986. "The Effect of Valued Policy Laws on Selected Measures of Arson," Journal of Insurance Issues, Western Risk and Insurance Association, vol. 9(2), pages 57-73.
    • Handle: RePEc:wri:journl:v:9:y:1986:i:2:p:57-73
    as

    Download full text from publisher

    File URL: http://www.insuranceissues.org/PDFs/X.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wri:journl:v:9:y:1986:i:2:p:57-73. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: James Barrese (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.