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The Performance Of The 1980s California Insurance And Liability Reforms

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  • W. Kip Viscusi
  • Patricia Born

Abstract

The authors examine the impact of Proposition 103. They contend that Proposition 103 reforms did not come at the expense of insurer profitability. Rather than exhibiting a decline in profitability following the adoption of Proposition 103, there was a substantial improvement in profitability which remains quite high relative to the rest of the country.

Suggested Citation

  • W. Kip Viscusi & Patricia Born, 1999. "The Performance Of The 1980s California Insurance And Liability Reforms," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 2(2), pages 14-33, January.
    • Handle: RePEc:bla:rmgtin:v:2:y:1999:i:2:p:14-33
    DOI: j.1540-6296.1999.tb00049.x
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    References listed on IDEAS

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