IDEAS home Printed from
   My bibliography  Save this article

An Empirical Analysis of Property-Liability Insurance Distribution Systems: Market Shares Across Lines of Business


  • Laureen Regan


Tobit regression is used to analyze market shares for a cross section of 273 insurers operating in 1990. Lines of business analyzed include personal auto liability and physical damage insurance, homeowners’ multiperil, commercial general liability, workers compensation, and commercial multiperil. After controlling for size and other factors, evidence indicates that direct writing insurers have consistently higher market shares in personal auto insurance, while independent agency insurers have higher shares in general liability. However, controlling for expense ratio, there is no significant difference in market shares for homeowners, commercial multiperil, or workers compensation across insurers using different distribution systems.

Suggested Citation

  • Laureen Regan, 1998. "An Empirical Analysis of Property-Liability Insurance Distribution Systems: Market Shares Across Lines of Business," Journal of Insurance Issues, Western Risk and Insurance Association, vol. 21(2), pages 151-171.
  • Handle: RePEc:wri:journl:v:21:y:1998:i:2:p:151-171

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    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:21:y:1998:i:2:p:151-171. See general information about how to correct material in RePEc.

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

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.