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Book SynopsisFranz Kafka: The Office Writings brings together, for the first time in English, Kafka's most interesting professional writings, composed during his years as a high-ranking lawyer with the largest Workmen's Accident Insurance Institute in the Czech Lands of the Austro-Hungarian Empire. Franz Kafka (1883-1924) is commonly recognized as the greatestTrade ReviewHonorable Mention for the 2008 PROSE Award in Literature, Language, and Linguistics, Association of American Publishers One of Choice's Outstanding Academic Titles for 2009 "The Office Writings, however, convincingly suggests that his job was also integral to his writing, and that his literary production was not an escape from the alienation of daily life to that 'dreamlike inner life' but a striving to reconcile the two."--Alexander Provan, The Nation "Kafka himself complained constantly that his day job at the Prague Workmen's Accident Insurance Institute oppressed his artistic calling; this volume's editors beg to differ. In the hands of Kafka scholars Stanley Corngold and Benno Wagner and the legal scholar Jack Greenberg, the 18 briefs collected here comprise more than a record of the author's years in the insurance business. By reading between his legal writings and his fiction, the editors argue that Kafka's dual identities are inextricable: the writer is informed by the lawyer, the lawyer by the writer. Franz Kafka is the Franz Kafka we know not in spite of his day job, but rather because of it."--Rachel Sugar, The National (Abu Dhabi) "[T]he texts have impressive sociological merit: They provide a compelling picture of what life was like for an early twentieth-century bureaucrat who took his work seriously, believed in it, and did it well... But ultimately, the value of The Office Writings lies less in the potential connections to Kafka's fiction than in the fundamental disconnect."--Ben Kafka, Bookforum "Cognizant that some readers might be put off by the legal writing style, Corngold (German & comparative literature, Princeton Univ.), Jack Greenberg (law, Columbia Univ.), and Benno Wagner (literature, media, & culture, Univ. of Siegen, Germany) provide ample and rich analyses that demonstrate the close link between Kafka's profession and his literary creativity and oeuvre. This scholarly book is indispensable to an understanding of Kafka. Highly recommended."--Ali Houissa, Library Journal (Starred Review) "This event--finally, the translation and publication of the last known scrap of Kafka's work left untranslated, and unpublished--brings us to the subject of this series: how Kafka's office writings influenced his fiction, and what that influence means. Kafka's office writings, as presented here, cannot be read on their own ... but, instead, must be read as companions, to demystify the three novels and stories (which are anything but boring). Taken together, though, both workaday fact and masterwork fiction create a network of connections that exposes not just the concerns of a single writer, but also that of a singular culture--the culture of the Office, which has imposed itself on what used to be our lives."--Joshua Cohen, Nextbook.org "This handsome volume fills a void in Kafka studies and rectifies the unbalanced image of Kafka as a tortured genius who labored in an insurance office by day and wrote fiction by night... A fascinating read for scholars of Kafka and modern Central European literature."--M. McCulloh, Choice "The editors--Stanley Corngold, Jack Greenberg and Benno Wagner--have done a masterful job in making the drafts of speeches, letters, internal reports and newspaper articles relevant."--Raymond Johnston, Czech Business Weekly "These writings reveal Kafka the man at his best. For that reason, Franz Kafka: The Office Writings makes a significant contribution to understanding the enigmatic Franz Kafka."--Jefferson M. Gray, Federal LawyerTable of ContentsPreface ix Abbreviations for Kafka Citations xix Kafka and the Ministry of Writing by Stanley Corngold 1 Kafka's Offi ce Writings: Historical Background and Institutional Setting by Benno Wagner 19 DOCUMENTS Chapter 1: Speech on the Occasion of the Inauguration of the Institute's New Director (1909) 51 Commentary Chapter 2: The Scope of Compulsory Insurance for the Building Trades (1908) 54 Commentary Chapter 3: Fixed- Rate Insurance Premiums for Small Farms Using Machinery (1909) 74 Commentary Chapter 4: Inclusion of Private Automobile "Firms" in the Compulsory Insurance Program (1909) 80 Commentary Chapter 5: Appeal against Risk Classifi cation of Christian Geipel & Sohn, Mechanical Weaving Mill in Asch (1910) 90 Commentary Chapter 6: Mea sures for Preventing Accidents from Wood- Planing Machines (1910) 109 Commentary Chapter 7: On the Examination of Firms by Trade Inspectors (1911) 120 Commentary Chapter 8: Workmen's Insurance and Employers: Two Articles in the Tetschen- Bodenbacher Zeitung (1911) 145 Commentary Chapter 9: Petition of the Toy Producers' Association in Katharinaberg, Erzgebirge (1912) 170 Commentary Chapter 10: Risk Classifi cation Appeal by Norbert Hochsieder, Boarding House Own er in Marienbad (1912) 194 Commentary Chapter 11: Letters to the Workmen's Accident Insurance Institute in Prague (1912-15) 213 Commentary Chapter 12: Criminal Charge against Josef Renelt for the Illegal Withholding of Insurance Fees (1913) 225 Commentary Chapter 13: Second International Congress on Accident Prevention and First Aid in Vienna (1913) 249 Commentary Chapter 14: Accident Prevention in Quarries (1914) 273 Commentary Chapter 15: Jubilee Report: Twenty- Five Years of the Workmen's Accident Insurance Institute (1914) 301 Commentary Chapter 16: Risk Classifi cation and Accident Prevention in War time (1915) 322 Commentary Chapter 17: A Public Psychiatric Hospital for German- Bohemia (1916) 336 Commentary Chapter 18: "Help Disabled Veterans! An Urgent Appeal to the Public" (1916/1917) 346 Commentary Wraparound:From Kafka to Kafkaesque 355by Jack Greenberg Chronology 373 Notes 379 About the Editors 393 Index 395

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Book SynopsisTrade Review‘Richard Liskov has performed a valuable service in condensing and simplifying insurance regulation for those who have little familiarity with the subject. His book is essential reading for any lawyer with a client who is in the U.S. insurance marketplace or wants to be, any law student with an interest in how financial services are regulated in the U.S., and any insurance professional whose company is, or someday may be, under U.S. regulation.’ -- James Corcoran, Former Superintendent of Insurance for the State of New York, US‘This book provides a comprehensive overview of insurance regulation in the US. It should be required reading for all US insurance regulatory attorneys (and US insurance regulators as well). Equally important, it will prove to be a valuable resource for EU and UK attorneys who have insurance clients doing business, or who want to do business, in the US.’ -- Frederic M. Garsson, Saul Ewing LLP, US‘Insurance touches each of us in our daily lives. Having served as New York’s Attorney General for fifteen years, I know that Richard Liskov’s book is a valuable guide for lawyers, law students and those engaged in the insurance business in the United States – or indeed anyone interested in how insurance is regulated. It should be on everyone’s bookshelf.’ -- Robert Abrams, Former Attorney General of New York, USTable of ContentsContents: 1 An overview of U.S. insurance regulation and some key definitions 2 The respective roles of state and federal governments in U.S. insurance regulation 3 How state insurance departments are organized and operate 4 How states define what “insurance” is and who is an insurer, and how states license insurance companies and insurance professionals 5 How states monitor the financial condition of licensed insurance companies 6 How U.S. state insurance regulators deal with financially troubled insurance companies 7 How state insurance regulators supervise the market conduct of insurance companies and insurance professionals 8 How the U.S. federal government and state insurance regulators supervise health insurance 9 U.S. insurance regulation heading into the global technological future Index

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Book SynopsisThe fields of insurance law and insurance economics have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance economics scholarship and more economically sophisticated legal scholarship by bringing together original contributions from leading scholars in both fields.The benefits of this inter-disciplinary approach are introduced and illustrated in four comprehensive sections:- Why and how do individuals purchase insurance?- The role of the state in insurance markets- The regulation of insurance- Insurance law in the courts.Overall, this Handbook synthesizes the insights of insurance economics with the flourishing body of economically oriented research in insurance law.As well as providing a new approach for scholars, the Handbook will prove a useful reference for insurance lawyers and insurance regulators owing to its policy relevant, practical approach.Contributors: K.S. Abraham, D. Asmat, R. Avraham, T. Baker, E.F. Brown, P.-A. Chiappori, M.F. Grace, S.E. Harrington, D. Jaffee, R.W. Klein, H.C. Kunreuther, J. Kwak, K.D. Logue, J.A. Nyman, M.V. Pauly, D. Schwarcz, P. Siegelman, C. Silver, R. Squire, S. TennysonTrade Review'The Research Handbook is a tremendously useful resource for both experienced insurance and insurance law scholars as well as newcomers to either field. The articles cover the most pressing questions in both disciplines in a succinct, accessible manner, without over-simplifying the inquiry. Economics, cognitive science, regulatory theory, and legal analysis are all brought to bear to illuminate the field. The Handbook is particularly successful in its avowed mission of working to bridge the persistent gap between scholarship regarding insurance theory and operations and scholarship addressing legal issues surrounding insurance.' --(Jeffrey W. Stempel, University of Nevada, Las Vegas, US)'Although insurance law is important and raises very interesting issues, it has received insufficient attention. This book, which puts together contributions by leading scholars, provides state-of-the-art but accessible analysis of the field's key issues. The chapters of the book combine tools in law and in economics to illuminate a range of significant issues. It is a welcome addition to the literature that will be an invaluable resource for both students and scholars.' --(Alma Cohen, Harvard Law School, US)'A dazzling collection of essays from leading experts in the field, this volume offers a superb overview of the economics of insurance and the implications for insurance law and regulation, covering a host of topical policy issues from health care reform and solvency regulation to the organization of insurance supervision and the optimal design of insurance contracts. For both students of insurance regulation and experienced practitioners, the Handbook provides an invaluable window into recent academic scholarship on insurance economics and its application to the legal challenges facing the insurance industry today and in the years ahead.' --(Howell E. Jackson, Harvard Law School, US)Table of ContentsContents: Introduction Daniel Schwarcz and Peter Siegelman PART I WHY AND HOW DO INDIVIDUALS PURCHASE INSURANCE? 1. Behavioral Economics and Insurance: Principles and Solutions Howard C. Kunreuther and Mark V. Pauly 2. Insurance Agents in the 21st Century: The Problem of Biased Advice Daniel Schwarcz and Peter Siegelman 3. Moral and Other Hazards of Economic Analysis of Health Insurance John A. Nyman 4. Does The Theory of Insurance Support Awarding Pain and Suffering Damages in Torts? Ronen Avraham PART II THE ROLE OF THE STATE IN INSURANCE MARKETS 5. “Social Insurance,” Risk Spreading, and Redistribution James Kwak 6. Catastrophe Insurance Dwight Jaffee 7. US Healthcare Reform Scott E. Harrington PART III INSURANCE REGULATION 8. Insurance Solvency Regulation: A New World Order? Elizabeth F. Brown and Robert W. Klein 9. Classification Risk and its Regulation Kenneth S. Abraham and Pierre-André Chiappori 10. Economics of State versus Federal Regulation Martin F. Grace PART IV COURTS AND INSURANCE 11. Mandatory Rules and Default Rules in Insurance Contracts Tom Baker and Kyle D. Logue 12. The Law and Economics of Insurance Bad Faith Liability Daniel Asmat and Sharon Tennyson 13. Basic Economics of the Defense of Covered Claims Charles Silver 14. The Artificial Collective-Action Problem in Lawsuits Against Insured Defendents Richard Squire 15. The Law and Economics of Liability Insurance: A Theoretical and Empirical Review Tom Baker and Peter Siegelman Index

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Book SynopsisThe fields of insurance law and insurance economics have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance economics scholarship and more economically sophisticated legal scholarship by bringing together original contributions from leading scholars in both fields.The benefits of this inter-disciplinary approach are introduced and illustrated in four comprehensive sections:- Why and how do individuals purchase insurance?- The role of the state in insurance markets- The regulation of insurance- Insurance law in the courts.Overall, this Handbook synthesizes the insights of insurance economics with the flourishing body of economically oriented research in insurance law.As well as providing a new approach for scholars, the Handbook will prove a useful reference for insurance lawyers and insurance regulators owing to its policy relevant, practical approach.Contributors: K.S. Abraham, D. Asmat, R. Avraham, T. Baker, E.F. Brown, P.-A. Chiappori, M.F. Grace, S.E. Harrington, D. Jaffee, R.W. Klein, H.C. Kunreuther, J. Kwak, K.D. Logue, J.A. Nyman, M.V. Pauly, D. Schwarcz, P. Siegelman, C. Silver, R. Squire, S. TennysonTrade Review'The Research Handbook is a tremendously useful resource for both experienced insurance and insurance law scholars as well as newcomers to either field. The articles cover the most pressing questions in both disciplines in a succinct, accessible manner, without over-simplifying the inquiry. Economics, cognitive science, regulatory theory, and legal analysis are all brought to bear to illuminate the field. The Handbook is particularly successful in its avowed mission of working to bridge the persistent gap between scholarship regarding insurance theory and operations and scholarship addressing legal issues surrounding insurance.' --(Jeffrey W. Stempel, University of Nevada, Las Vegas, US)'Although insurance law is important and raises very interesting issues, it has received insufficient attention. This book, which puts together contributions by leading scholars, provides state-of-the-art but accessible analysis of the field's key issues. The chapters of the book combine tools in law and in economics to illuminate a range of significant issues. It is a welcome addition to the literature that will be an invaluable resource for both students and scholars.' --(Alma Cohen, Harvard Law School, US)'A dazzling collection of essays from leading experts in the field, this volume offers a superb overview of the economics of insurance and the implications for insurance law and regulation, covering a host of topical policy issues from health care reform and solvency regulation to the organization of insurance supervision and the optimal design of insurance contracts. For both students of insurance regulation and experienced practitioners, the Handbook provides an invaluable window into recent academic scholarship on insurance economics and its application to the legal challenges facing the insurance industry today and in the years ahead.' --(Howell E. Jackson, Harvard Law School, US)Table of ContentsContents: Introduction Daniel Schwarcz and Peter Siegelman PART I WHY AND HOW DO INDIVIDUALS PURCHASE INSURANCE? 1. Behavioral Economics and Insurance: Principles and Solutions Howard C. Kunreuther and Mark V. Pauly 2. Insurance Agents in the 21st Century: The Problem of Biased Advice Daniel Schwarcz and Peter Siegelman 3. Moral and Other Hazards of Economic Analysis of Health Insurance John A. Nyman 4. Does The Theory of Insurance Support Awarding Pain and Suffering Damages in Torts? Ronen Avraham PART II THE ROLE OF THE STATE IN INSURANCE MARKETS 5. “Social Insurance,” Risk Spreading, and Redistribution James Kwak 6. Catastrophe Insurance Dwight Jaffee 7. US Healthcare Reform Scott E. Harrington PART III INSURANCE REGULATION 8. Insurance Solvency Regulation: A New World Order? Elizabeth F. Brown and Robert W. Klein 9. Classification Risk and its Regulation Kenneth S. Abraham and Pierre-André Chiappori 10. Economics of State versus Federal Regulation Martin F. Grace PART IV COURTS AND INSURANCE 11. Mandatory Rules and Default Rules in Insurance Contracts Tom Baker and Kyle D. Logue 12. The Law and Economics of Insurance Bad Faith Liability Daniel Asmat and Sharon Tennyson 13. Basic Economics of the Defense of Covered Claims Charles Silver 14. The Artificial Collective-Action Problem in Lawsuits Against Insured Defendents Richard Squire 15. The Law and Economics of Liability Insurance: A Theoretical and Empirical Review Tom Baker and Peter Siegelman Index

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Book SynopsisThis book is an important contribution to a question that has received little analysis hitherto, namely, what is and what are the effect(s) of the duties imposed on an insurer to provide information to prospective policyholders. As well as original analysis of English, German and prospective European law, and with insights from law and economics, it makes some key recommendations. It should be read by all academics, policymakers, professionals and regulators with an interest in insurance law.'- John Birds, University of Manchester, UK'The serious reader will find here a first class monograph, well-structured and scholarly, with a clear perspective on some important issues arising in the law of insurance contracts today.'- From the foreword by Malcolm A. Clarke, St John s College, Cambridge, UKEnabling informed choices with regards to mass risk insurance is an aim pursued for decades now at both the national and European level. This book explores the extent to which the imposing of disclosure duties on the insurer may actually contribute to this end and where it inevitably reaches limits.Convinced that information problems cannot be solved by exclusively focusing on their legal dimension, the author provides the reader with a helpful overview of economic and behavior-orientated insights to the book's subject. Proceeding from these, the existing legal frameworks in the UK and Germany are critically analyzed and compared to more recent academic proposals for a future European insurance contract law. All of this is continuously supplemented by specific proposals for improvement.This inspiring book will be of use to scholars dealing with financial law and general questions of information policy. Insurance companies and lawyers dealing with cases first-hand will also find this to be a resourceful read.Trade Review‘This book is the result of a mind-bendingly huge amount of research. As such, it makes an invaluable contribution to the literature on at least one of the financial services industries which clearly need to put certain reforms in place. Loacker has started a very substantial debate which will continue for some years.’ -- Philip Taylor, MBE, Richmond Green Chambers‘This book is an important contribution to a question that has received little analysis hitherto, namely, what is and what are the effect(s) of the duties imposed on an insurer to provide information to prospective policyholders. As well as original analysis of English, German and prospective European law, and with insights from law and economics, it makes some key recommendations. It should be read by all academics, policymakers, professionals and regulators with an interest in insurance law.’ -- John Birds, University of Manchester, UK‘The serious reader will find here a first class monograph, well-structured and scholarly, with a clear perspective on some important issues arising in the law of insurance contracts today.’ -- From the foreword by Malcolm A. Clarke, St John’s College, Cambridge, UKTable of ContentsContents: Foreword by Malcolm A Clarke 1. Overview and Introduction 2. About Information and its Disclosure in General 3. Legal Basis for and Scope of Insurer's Pre-Contractual Information Duties 4. A Conclusion in Eight Final Observations Index

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Book SynopsisThis authoritative work forms a comprehensive examination of the legal and historical context of marine insurance, providing a detailed overview of the events and factors leading to its codification in the Marine Insurance Act 1906. It investigates the development of the legal principles and case law that underpin the Act to reveal how successful this codification truly was, and to demonstrate how these historical precedents remain relevant to marine insurance law to this day.Beginning with the pivotal year of 1756, Rob Merkin QC organises his analysis era by era, situating the leading cases and emerging fundamentals of the marine insurance industry in the context of external events such as war, the growth of free international trade, and the expansion of empire. Offering insight into the origins of familiar legal principles in the field, the book provides a deeper understanding of the legal framework within which historical events took place and how this shaped both the development of marine insurance law and the political and economic circumstances surrounding it.Key features include: In-depth research by one of the leading experts in marine insurance law Context for and therefore deeper understanding of legal principles in the field An authoritative account of the development of modern law of marine insurance through its historical roots. Legal historians interested in marine insurance and international maritime law more broadly as well as other historians of the period will find the depth of research and breadth of coverage in this book invaluable. Its grounding of important principles in their historical context will also be useful to practising lawyers in the field grappling with current marine insurance issues.Trade Review‘This is a monumental work which deserves a readership amongst insurance lawyers and professional insurers, and a wider readership amongst those who are interested in commercial and social history.’ -- Peter MacDonald Eggers, The Journal of International Maritime Law‘The long stability of the Marine Insurance Act 1906 gives the impression that it is the culmination of everything that needed to be said about marine insurance. Anyone who wants to look behind the serene, unruffled exterior of the Act will discover that it masks a long and unsettled history from a time when maritime trade was hotly contested. There could be no better companion in exploring that history than Professor Merkin’s endlessly fascinating new book.’ -- Martin Davies, Lloyd’s Maritime and Commercial Law Quarterly‘The book provides a history of marine insurance law from 1756-1906 and, in particular, highlights the fascinating influence of war and conflict on the development of insurance law and practice. This is a history of trade and conflict through the prism of law and will be of interest not merely to historians, but also to practitioners who need to understand how and why particular clauses were developed and the contemporary understandings which underpinned the drafting of the Marine Insurance Act 1906.’ -- Professor Nick Gaskell, University of Queensland, Australia‘This monumental and meticulous work by one of the leading authorities in insurance law is the first to address comprehensively the history of the legal provisions and jurisprudence relating to marine insurance. Focussing mainly on British, American and European history, it will prove an invaluable and fascinating resource for all students and scholars across a range of disciplines who require a definitive exposition of the evolution of this body of law.’ -- Chantal Stebbings, University of Exeter, UK'Rob Merkin's remarkable book delivers much more than its rather modest title promises. It includes a broad-ranging history, both political and nautical, of three centuries of wars and alliances affecting English and American trade. It shows how war, prize, capture by pirates and privateers, blockades, slavery, and the depredations of Confederate cruisers affected the development of the principles of English marine insurance law and practice. Dense and detailed but easy to follow, the connections that it explains are invaluable.' -- Martin Davies, Tulane University Law School, USTable of ContentsContents: Foreword by Dame Sara Cockerill Preface 1. The framework of the Law of the Sea 2. Marine insurance in 1756 3. War, diplomacy and the Americas: 1756 to 1783 4. Perils on the seas: 1783 to 1815 5. Anglo-American trade and relations: 1783 to 1815 6. Marine insurance in an era of war: 1756 to 1815 7. Marine insurance in an era of war: 1756 to 1815 II Volume II 8. Trade and diplomacy after 1815 9. Marine insurance in an era of peace: 1815 to 1861 10. Slavery and the slave trade 11. The American civil war and British neutrality 12. The Confederate cruisers 13. The Alabama arbitration 14. Marine insurance in an era of neutrality: 1861 to 1875 15. Consolidating the Empire 16. Marine insurance in an era of Empire: 1875 to 1906 17. The Marine Insurance Act 1906 Index

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Book SynopsisThis comprehensive book will be essential reading for all those involved with fine art, jewellery and specie insurance. David Scully analyses the history, structure and dynamics of the global marketplace for this type of insurance, illustrating key points with real life examples to provide a practical guide to the business. Key features include: Coverage of how insurers determine the value of insured items Examination of relevant legal precedent in the UK and US, including judicial interpretation of exclusions and warranties Explanation of the key risk factors insurers consider, including traditional risks such as fire and theft as well as emerging risks such as defective title, professional liability and fakes and forgeries Specific chapters considering insurance for museums, exhibitions, private collectors, art dealers, jewellers, cash management companies, warehouses, art shippers, and other related businesses. This book will be a valuable resource for insurers in this area, including underwriters, claims professionals and in-house lawyers, and will provide deeper knowledge to lawyers, loss adjusters, insurance brokers and other interested parties. It will also be useful to museum registrars, art dealers and collectors, auctioneers and others, in helping them understand the risks they face.Trade Review'This is a masterly command of the insurance of fine art and jewellery. It is comprehensive, easy to navigate and with excellent case studies which make the whole very readable. It will become compulsory study for a serious underwriter, broker, risk manager or lawyers who advise on insurance although hopefully there will be fewer legal disputes if the book is read in advance.' -- Julian Radcliffe, Chairman, The Art Loss Register, London, UK‘Finally! How exciting to now have a comprehensive resource to put all the esoteric features of the global FAS world into proper historic and technical perspective. What a fantastic resource for those of us in the industry as well as those looking to enter in future.’ -- Jennifer M. Schipf, Global Chief Underwriting Officer, Fine Art & Specie, AXA XLTable of ContentsContents: Preface PART I THE FINE ART, JEWELLERY AND SPECIE INSURANCE MARKET 1. The Fine Art, Jewellery and Specie (FAJS insurance market PART II ART AND PRIVATE JEWELLERY 2. Art and private jewellery 3. Art and private jewellery values 4. Natural perils 5. Terrorism, political and cyber risks 6. Art theft 7. Damage and partial loss 8. Defective title, lenders’ single interest and residual value insurance 9. Professional liability 10. Museums and associated risks 11. Exhibition insurance 12. Art dealers and auctioneers 13. Private risks and high net worth insurance 14. Art storage 15. Art transit 16. Other art risks PART III JEWELLERS BLOCK AND SPECIE 17. Jewellers block 18. Jewellers block: off-premises risks 19. Cash 20. Specie 21. Fidelity and mysterious disappearance PART IV GENERAL REMARKS 22. Know your client, money laundering and ethics 23. Conclusion: the future Glossary Index

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Book SynopsisThis comprehensive book will be essential reading for all those involved with fine art, jewellery and specie insurance. David Scully analyses the history, structure and dynamics of the global marketplace for this type of insurance, illustrating key points with real life examples to provide a practical guide to the business. Key features include: Coverage of how insurers determine the value of insured items Examination of relevant legal precedent in the UK and US, including judicial interpretation of exclusions and warranties Explanation of the key risk factors insurers consider, including traditional risks such as fire and theft as well as emerging risks such as defective title, professional liability and fakes and forgeries Specific chapters considering insurance for museums, exhibitions, private collectors, art dealers, jewellers, cash management companies, warehouses, art shippers, and other related businesses. This book will be a valuable resource for insurers in this area, including underwriters, claims professionals and in-house lawyers, and will provide deeper knowledge to lawyers, loss adjusters, insurance brokers and other interested parties. It will also be useful to museum registrars, art dealers and collectors, auctioneers and others, in helping them understand the risks they face.Trade Review'This is a masterly command of the insurance of fine art and jewellery. It is comprehensive, easy to navigate and with excellent case studies which make the whole very readable. It will become compulsory study for a serious underwriter, broker, risk manager or lawyers who advise on insurance although hopefully there will be fewer legal disputes if the book is read in advance.' -- Julian Radcliffe, Chairman, The Art Loss Register, London, UK‘Finally! How exciting to now have a comprehensive resource to put all the esoteric features of the global FAS world into proper historic and technical perspective. What a fantastic resource for those of us in the industry as well as those looking to enter in future.’ -- Jennifer M. Schipf, Global Chief Underwriting Officer, Fine Art & Specie, AXA XLTable of ContentsContents: Preface PART I THE FINE ART, JEWELLERY AND SPECIE INSURANCE MARKET 1. The Fine Art, Jewellery and Specie (FAJS insurance market PART II ART AND PRIVATE JEWELLERY 2. Art and private jewellery 3. Art and private jewellery values 4. Natural perils 5. Terrorism, political and cyber risks 6. Art theft 7. Damage and partial loss 8. Defective title, lenders’ single interest and residual value insurance 9. Professional liability 10. Museums and associated risks 11. Exhibition insurance 12. Art dealers and auctioneers 13. Private risks and high net worth insurance 14. Art storage 15. Art transit 16. Other art risks PART III JEWELLERS BLOCK AND SPECIE 17. Jewellers block 18. Jewellers block: off-premises risks 19. Cash 20. Specie 21. Fidelity and mysterious disappearance PART IV GENERAL REMARKS 22. Know your client, money laundering and ethics 23. Conclusion: the future Glossary Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business, and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Providing a comprehensive overview of the body of law that regulates the insurance business, this Advanced Introduction evaluates the governing principles, policies, values, and purposes of insurance legislation and related judicial doctrines. It examines the ways in which the industry’s origins help us understand its present shape, and how insurance connects to major public policy issues that will shape the world for future generations. Key Features: Introduces the fundamental rules and principles of insurance law Explores how these rules and principles intersect with important issues of public policy Discusses how insurance law shapes public choices in the modern world Examines the interactions between insurers and the people who purchase their products Proposes avenues for further research relating to fortuity, indemnity, misrepresentation and breach of warranty, settlement obligations, and risk classification Providing an enlightening overview of insurance law in context, this Advanced Introduction will be crucial reading for students, scholars, and practitioners in business law, insurance law, and risk management.Trade Review‘Bob Jerry has done a remarkable job of covering a lot of ground in a short book. The Advanced Introduction lives up to its name, providing lawyers, judges and law students a high-level, sophisticated view of an enormously complex field of law.’ -- Tom Baker, University of Pennsylvania, Carey Law School, US‘Professor Jerry has written a succinct tour de force of insurance principles, doctrine, and policy that in addition to providing a roadmap for students is also a ready reference for insurance -- scholars.’– Jeffrey W. Stempel, University of Nevada, Las Vegas, US‘This book is a gem. Only an expert like its author can give such a brief and, at the same time, in-depth study of the legal and business sides of insurance. No previous knowledge is required, as the exposition is very clear and full of examples from everyday life.’ -- María Luisa Muñoz Paredes, University of Oviedo, Spain‘Dean Robert Jerry’s Advanced Introduction to Insurance Law is that rare compilation that respects its readers. For the novice, the book deals with a complex subject in an accessible and unpatronizing way; for the expert, the book is a valuable overview. Jerry’s ambitious goal of “seek[ing] to preserve the value of brevity while engaging the complexities [of insurance] . . . .” is easily met. This is a must read.’ -- Leo P. Martinez, University of California, USTable of ContentsContents: Preface 1. Introduction 2. The purpose, meaning, and roles of insurance 3. Conceptualizing insurance 4. The nature of the insurance business 5. The nature of insurance law and regulation 6. Elements of an insurance contract 7. Fundamental assumptions of insurance (and their limits) 8. Insurance as agreement: the influence of contract law 9. Scope of coverage: the boundaries of the insurer’s obligation 10. Liability insurance: indemnity, defense, and settlement obligations 11. Challenges in a changing world: why insurance matters (reprise) Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business, and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Providing a comprehensive overview of the body of law that regulates the insurance business, this Advanced Introduction evaluates the governing principles, policies, values, and purposes of insurance legislation and related judicial doctrines. It examines the ways in which the industry’s origins help us understand its present shape, and how insurance connects to major public policy issues that will shape the world for future generations. Key Features: Introduces the fundamental rules and principles of insurance law Explores how these rules and principles intersect with important issues of public policy Discusses how insurance law shapes public choices in the modern world Examines the interactions between insurers and the people who purchase their products Proposes avenues for further research relating to fortuity, indemnity, misrepresentation and breach of warranty, settlement obligations, and risk classification Providing an enlightening overview of insurance law in context, this Advanced Introduction will be crucial reading for students, scholars, and practitioners in business law, insurance law, and risk management.Trade Review‘Bob Jerry has done a remarkable job of covering a lot of ground in a short book. The Advanced Introduction lives up to its name, providing lawyers, judges and law students a high-level, sophisticated view of an enormously complex field of law.’ -- Tom Baker, University of Pennsylvania, Carey Law School, US‘Professor Jerry has written a succinct tour de force of insurance principles, doctrine, and policy that in addition to providing a roadmap for students is also a ready reference for insurance -- scholars.’– Jeffrey W. Stempel, University of Nevada, Las Vegas, US‘This book is a gem. Only an expert like its author can give such a brief and, at the same time, in-depth study of the legal and business sides of insurance. No previous knowledge is required, as the exposition is very clear and full of examples from everyday life.’ -- María Luisa Muñoz Paredes, University of Oviedo, Spain‘Dean Robert Jerry’s Advanced Introduction to Insurance Law is that rare compilation that respects its readers. For the novice, the book deals with a complex subject in an accessible and unpatronizing way; for the expert, the book is a valuable overview. Jerry’s ambitious goal of “seek[ing] to preserve the value of brevity while engaging the complexities [of insurance] . . . .” is easily met. This is a must read.’ -- Leo P. Martinez, University of California, USTable of ContentsContents: Preface 1. Introduction 2. The purpose, meaning, and roles of insurance 3. Conceptualizing insurance 4. The nature of the insurance business 5. The nature of insurance law and regulation 6. Elements of an insurance contract 7. Fundamental assumptions of insurance (and their limits) 8. Insurance as agreement: the influence of contract law 9. Scope of coverage: the boundaries of the insurer’s obligation 10. Liability insurance: indemnity, defense, and settlement obligations 11. Challenges in a changing world: why insurance matters (reprise) Index

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Book SynopsisThis thoroughly revised second edition of the Research Handbook on International Insurance Law and Regulation provides an updated assessment of the insurance industry in an international context, featuring 30 chapters, of which half are new for this edition, written by expert academics and practising lawyers.Produced in association with Lloyd’s of London, chapters provide in-depth studies on key areas including judicial interpretation of insurance contract clauses and transnational regulatory recognition, as well as overviews on important international jurisdictions such as the EU, Japan and the US. This comprehensive second edition critically analyses how insurance law and regulation have responded to the growth in sophisticated technology, the burgeoning climate crisis, and the development of new insurance structures.This Research Handbook will appeal to legal students and academics, particularly those with an interest in commercial law, finance and banking law, and insurance law. This book will also be beneficial for policymakers and private practice lawyers working in the commercial legal sector. Table of ContentsContents: Foreword xii Introduction to the second edition xiv Introduction to the first edition xxv PART I INSURANCE CONTRACT LAW 1 The shape of insurance contract law 2 James Davey 2 Methodology: how a law and economics approach has shaped insurance law 24 Peter Molk 3 Definition: the general and the parametric 36 Laura Burgoyne 4 Pre-contractual duties: the fair presentation of the risk – an English law approach 76 Peter MacDonald-Eggers KC 5 Contract terms: judicial approaches to the interpretation of insurance contracts 103 Oliver Brand 6 Claims: an overview of the US tort of ‘bad faith’ – a common law approach to regulating insurer claims-handling and settlements 133 Suzanne C. Midlige and William J. Metcalf 7 Reinsurance: finding the balance between reinsurers’ and reinsureds’ interests 165 Michael Mendelowitz and Rob Merkin KC 8 Closing books of business: the challenge of fairness and finality 192 Bob Haken and Simon Baker 9 Choice of law: New York and English approaches to insurance and reinsurance contracts 221 Raymond Cox KC PART II INSURANCE REGULATION 10 An introduction to insurance regulation 247 Peter Kochenburger and Patrick Salve 11 Systemic risk regulation: evolving approaches in insurance 281 Jeremy C. Kress, Patricia A. McCoy and Daniel Schwarcz 12 Competition: the insurance sector and the application of competition law – an overview 308 Edward W. Batchelor 13 Transnational supervisory recognition: a macro-jurisdictional overview 342 Hermann Geiger 14 Prudential supervision: capital standards in a risk-based solvency regime 367 Karel Van Hulle 15 Conduct of business regulation: a survey of the UK regime and a comparison with the US, German, French and Hong Kong approach 404 James Smethurst, Wessel Heukamp, Marc Perrone, Matthew O’Callaghan, Priti Lancaster and John Mulhern 16 Enforcement: a survey of the approaches taken to insurance regulatory enforcement in the United States of America and in the United Kingdom 438 Aviva Abramovsky, Dan D. Kohane, Farhaz Khan KC and Paul Bonner Hughes 17 Lloyd’s: the authorisation of Lloyd’s in the United Kingdom and overseas 467 Julian Burling 18 Lloyd’s: the development of performance management 499 Kevin Lazarus PART III DEVELOPING AREAS OF INSURANCE LAW AND REGULATION 19 Alternative risk transfer: insurance linked securities – their evolution, structures and regulation 523 Joseph Ferraro, Jennifer Tait and David Griffiths 20 Sustainability: the climate and nature crisis – a leadership role for insurance 551 Geoff Summerhayes, Laura Waterford, Nigel Brook, Wynne Lawrencea, and Zaneta Sedilekova 21 Data: the growth of risk-related data in insurance and protecting privacy 590 Brendan McGurk 22 Smart contracts: balancing innovation and consumer protection in insurance law and regulation 621 Miriam Goldby and Jeremmy Okonjo 23 Artificial intelligence: attempts at developing an ethical approach for its use in insurance 647 Anya Prince and Seamus Taylor PART IV REGIONAL STUDIES IN INSURANCE LAW AND REGULATION 24 Europe: the architecture and content of EU insurance regulation 675 Robert Purves 25 USA: A regulatory overview of the world’s largest insurance market 708 John Mulhern, Sara Manske and Robert Mancuso 26 Bermuda: regulating big insurance on a small island 728 Alex Potts KC and Jonathon O’Mahony 27 United Arab Emirates: developing insurance on the Arabian Peninsula 759 Sam Wakerley, John Barlow, Thomas Neighbour and Shane Gibbons HFW 28 China: insurance regulation in a rapidly evolving market 787 Carrie Yang 29 Japan: the insurance concept in the Insurance Act and the Insurance Business Act 810 Seiichi Ochiai, Shinichi Takahashi and Ryoko Takeda 30 The Republic of Korea: an overview of insurance law and regulation 835 Jae Hong Ahn, Partner, Kim, Chang, Sung Woo Huh, Kim Chang and Younghwa Paik Index 856

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Book SynopsisThis astute and comprehensive book provides in-depth analysis of the space sector with an ‘insurance as governance‘ approach. Chapters highlight and examine the key aspects of this important subject including space tourism, risk mitigation and insurance requirements.Considering the role of space insurers working across national boundaries, this book addresses the ability of insurers to fill an existing regulatory void and describes the actions they can take to improve their capability to execute that governance function. The author also gives a fresh and contemporary insight into topics such as the influences of international space law, international air law and US domestic space law. Insightful and discerning, Space Insurance and the Law is ideal for space insurance professionals and those with an interest in space entrepreneurship, international space law and the commercial space industry.Trade Review‘Dr. Harrington has assembled a thorough treatise on space law and insurance, with exceptional detail on the foundations of risk management. Her analysis of insurance as governance, particularly with respect to treaty compliance and national sovereignty explores the details of insurance contracts and their benefits and limitations. Finally, her bibliography and footnotes provide a remarkable resource for students and practitioners alike.’Table of ContentsContents: Preface 1. Introduction to Space Insurance and the Law 2. Insurance as governance in space 3. The state of space insurance 4. International space law as the context for space insurance 5. Air or space? Insurance and the delimitation issue 6. Air law, aviation insurance, and their relevance to space activities 7. Space business and insurance issues in the United States 8. Considerations for new industry groups 9. Governing insurance policies through interpretation 10. Possible innovations for space insurance: mitigating space debris, expanding space domain awareness, and leveraging other forms of insurance 11. Final thoughts Bibliography Index

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Book SynopsisInsurance Premium Tax is a guide for practitioners and those involved in the insurance industry. It summarises how the IPT is applied in practice, the definition of an insurance contract, looks at exemptions from the tax, the application of the higher rate and issues affecting non UK risks and global policies. It also explores compliance issues such as IPT registration, the submission of returns and payment of the tax, changes in rates and the penalty regime.Table of Contents INTRODUCTION 1.1. Sources of information WHAT IS INSURANCE PREMIUM TAX 2.1. Definition 2.2. Is IPT legal? 2.3. Insurance contracts and insurers 2.4. Taxable contracts 2.5. What is a premium? 2.6. Coinsurance, insurance pools and fronting 2.7. Warranties and guarantees 2.8. Discretionary trusts 2.9. Cost plus schemes 2.10. Self insurance 2.11. Voluntary excesses and deductibles HIGHER RATE IPT 3.1. Introduction 3.2. Motor cars and motor cycles 3.3. Domestic Appliances 3.4. Travel insurance 3.5. Higher rate insurance and free and discounted insurance TAXABLE INTERMEDIARIES 4.1. Liability to register and account for IPT 4.2. Criteria for a person having to register 4.3. Taxable intermediary provisions 4.4. Higher rate contracts 4.5. Registration limits LOCATION OF RISK 5.1. Introduction 5.2. Risk location rules 5.3. Habitual residence 5.4. Business establishment 5.5. Unregistered vehicles 5.6. Buildings 5.7. Embassies 5.8. Travel Insurance 5.9. Apportioning multi jurisdictional risks EXEMPTIONS 6.1. Introduction 6.2. De minimis 6.3. Exemptions 6.4. Non-UK risks 6.5. Reinsurance 6.6. Long-term insurance contracts 6.7. Commercial ships 6.8. Contracts relating to the Channel Tunnel 6.9. Lifeboats and Lifeboat equipment 6.10. Commercial aircraft 6.11. International railway rolling stock 6.12. Goods in foreign or international transit 6.13. Export finance related insurance 6.14. Motability contracts 6.15. Spacecraft REGISTRATION, DE-REGISTRATION AND TOGCS 7.1. Registration – Introduction 7.2. Deregistration 7.3. Transfer of a going concern ACCOUNTING FOR IPT 8.1. Introduction 8.2. IPT Accounting Schemes 8.3. Bad debt relief 8.4. Adjusting for errors on IPT returns 8.5. Changes in IPT rates 8.6. Anti-forestalling provisions 8.7. Lloyd's IPT procedures 8.8. Record keeping requirements 8.9. Recovering IPT paid in error PENALTIES 9.1. Introduction 9.2. Penalty for failure to notify 9.3. Late payment of tax or rendering of returns 9.4. Failure to notify a cessation of trade 9.5. Failure to produce records 9.6. Failure to appoint or nominate a tax representative 9.7. Breach a controlled goods agreement or Walking Possession Agreement in Northern Ireland 9.8. Liability of insured 9.9. Underdeclarations 9.10. Evasion of IPT 9.11. Interest 9.12. HMRC's stated approach to late rendering and payment penalties 9.13. Security 9.14. Reviews and appeals APPENDIX 1: HMRC PENALTIES FOR FAILURE TO NOTIFY (FACTSHEET CC/FS11) APPENDIX 2: HMRC PENALTIES FOR INACCURACIES IN RETURNS (FACTSHEET CC/FS7A) APPENDIX 3: ""CONNECTED"" PERSONS APPENDIX 4: FORMS APPENDIX 5: EUROPEAN INSURANCE PREMIUM TAX (IPT) COMPARISON TABLE APPENDIX 6: IPT ERROR FLOWCHART

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Book SynopsisInsurance Premium Tax is a guide for practitioners and those involved in the insurance industry. It summarises how the IPT is applied in practice, the definition of an insurance contract, looks at exemptions from the tax, the application of the higher rate and issues affecting non UK risks and global policies. It also explores compliance issues such as IPT registration, the submission of returns and payment of the tax, changes in rates and the penalty regime. The major change that has taken place since the first edition has been the UK leaving the European Union. The author explains why this does not impact greatly on IPT, though it makes the discussion on the legality of the tax otiose. In November 2020, HMRC announced a consultation on IPT. This looked at three main areas: unregistered insurers, some 'avoidance' structures involving administration fees and the administration of the tax. The author reports on the consultation and HMRC reaction to industry responses.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisThis fifth volume in the series comprises ten contributions written by an expert team of academics and practitioners. Collectively they analyse and expound many of the contemporary legal issues and debates in the law and practice of marine insurance. The new volume is not to be considered as a new edition superseding the earlier volumes. To the contrary, it extends on the previous coverage and contributes to the expanding coverage of the series. It achieves this by introducing new topics for analysis and by noting significant developments in themes considered in earlier volumes, thereby providing a useful tool for keeping abreast of an ever developing body of judicial law. This volume tackles topics such as the impact of the Insurance Act 2015 on remedies and the pre-contractual duty of insurers, as well as a contribution from Professor Wilhelmsen on the state ship arrest as a peril under the Nordic Marine Insurance Plan and London terms. It explores the impact of Brexit on jTable of ContentsTable of Cases, Table of Legislation, Authors' Biographies, Foreword, Preface, Chapter 1 Maritime Class Actions, Litigation Funding, and the Role of After-the-Event (ATE) Insurance, Chapter 2 Insuring Remote-Controlled and Autonomous Shipping: A Paradigm Shift in Law and Insurance Markets Required?, Chapter 3 Direct and Third-Party Claims against P&I Clubs, Chapter 4 Neither Fish nor Flesh nor Good Red Herring: A Comparative Study of the Law Relating to Marine Insurance Brokers, Chapter 5 The Development of the Law of Remedies for an Unfair Presentation of the Risk, Chapter 6 Insurers and the Law of Fraud: A Success Story and the Case for Regulatory Intervention, Chapter 7 Implied Marine Warranties and the Insurance Act 2015, Chapter 8 The Proximate Causes of Loss, Chapter 9 Marine Insurance Cover for Detainment of Vessels by a Foreign State: The Team Tango Case, Chapter 10 Jurisdictional Rules and Anti-Suit Injunctions Post-Brexit: Uncertainties and Opportunities, Appendices, Insurance Act 2015, Marine Insurance Act 1906, Third Parties (Rights against Insurers) Act 2010, Index

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Book SynopsisThe Insurance Act 2015 represents the first major reform of English commercial insurance law for many years. Its impact will be felt not only in England, where it will greatly affect both maritime and commercial insurance practice, but also elsewhere where English law is the law of choice in insurance contracts. The Insurance Act 2015: A New Regime for Commercial and Marine Insurance Law analyses in depth the key aspects of the Act and extensively restates and modifies a number of legal principles applying both at common law and under the Marine Insurance Act 1906. Offering much more than the usual commentary on legislation, this book provides critical in-depth analysis of the important topics as was all coverage of areas likely to spawn disputes in future. Written by leading practitioners and academics in the field, this book offers comprehensive, coherent and practical legal analysis of the changes introduced by the Insurance Act 2015. It is a key point of reference Trade Review'This book comprehensively achieves its twin aims of providing critical in-depth analysis of the Insurance Act 2015 (the 2015 Act) and identifying grey areas in that Act. The editors...have put together a remarkable team of contributing authors, all leaders in their field...It will be of great assistance to brokers, insurers, lawyers, academics, students and, no doubt, in due course, to the judiciary.'John Dunt, The Journal of International Maritime LawTable of ContentsChapter 1 (D. Hertzell, Consultant to BLM and Former Law Commissioner for Commercial and Common Law): The Insurance Act 2015: Background and PhilosophyChapter 2 (P. MacDonald-Eggers QC, 7 KBW): The Fair Presentation of Commercial Risks Under the Insurance Act 2015 Chapter 3 (Professor B. Soyer, Institute of International Shipping and Trade Law): Insurer’s Duty of Good Faith: Is the Path Now Clear for Introduction of New Remedies? Chapter 4 (Professor M. Clarke, St Johns College Cambridge): The Future of Warranties and Other Related Terms in Contracts of InsuranceChapter 5 (S. Rainey QC, Quadrant Chambers): Remedies for Fraudulent Claims under the Insurance Act 2015Chapter 6 (Professor A. Tettenborn, Institute of International Shipping and Trade Law): Late Payment of Claims: Better, But by No Means PerfectChapter 7 (Associate Professor G. Leloudas, Institute of International Shipping and Trade Law): Contracting Out of the Insurance Act 2015 in Commercial Insurance ContractsChapter 8 (Sir Bernard Rix, Arbitrator, Mediator, 20 Essex Street, Former Court of Appeal Judge): Conclusion: General Reflections on the Law Reform

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Book SynopsisDelay in a marine adventure is an important and frequent phenomenon of maritime transport as it affects various parties and their interests. Insurance Law Implications of Delay in Maritime Transport is the first single book to deal specifically with this issue in the context of insurance law. The book addresses the losses and expenses that may arise from delay or loss of time in maritime transport, the types of insurance available covering or excluding losses arising from it and the impact of delay on voyage policies. The author, Aysegül Bugra, critically examines and evaluates the scope of several different types of marine insurance policies, including but not limited to: hull and machinery, cargo, freight, loss of hire and marine delay in start-up insurance. Furthermore, the book analyses the current law by tracing back the relevant common law authorities to the 18th century and examines the wordings used in practice from that time to today with a comprehensive and cTable of Contents1. Introduction to Delay as a Risk and Fortuity Considerations 2. Cargo Insurance and Delay: Physical Loss to the Subject-Matter Insured 3. Issues Arising from Delay in Delivery of Cargo 4. Cargo Insurance and Expenses Arising During the Period of Delay 5. Marine Delay in Start-Up Insurance 6. Freight Insurance and the Loss of Time Clause 7. Hull and Machinery Insurance and Delay Considerations 8. Loss of Charter Hire Insurance and Loss of Time 9. Implied Condition as to the Commencement of Risk 10. Delay in Voyage

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Book SynopsisThe future of the insurance regulation begins now For those involved with the insurance industry, from investment professionals to policy makers, and regulators to legislators, tremendous change is coming. With insurance premiums constituting an ever-growing portion of annual U.S.Table of ContentsPreface Acknowledgments Chapter 2: Life Insurance’s Importance to American Families and Industry’s Concern about Regulation (Dirk Kempthorne) Chapter 3: Why Insurance Needs a Federal Regulator Option (Roger W. Ferguson, Jr.) Chapter 4: Observations on Insurance Regulation – Uniformity, Efficiency, and Financial Stability (Therese M. Vaughan) Chapter 5: Lessons Learned from AIG for Modernizing Insurance Regulation (Eric R. Dinallo) Chapter 6: Assessing the Vulnerability of the U.S. Life Insurance Industry (Anna Paulson, Thanases Plestis, Richard Rosen, Robert McMenamin and Zain Mohey-Dean) Appendix 6A: Details on Estimating Asset Risk Chapter 7: Systemic Risk and Regulation of the U.S. Insurance Industry (J. David Cummins and Mary A. Weiss) Chapter 8: Designation and Supervision of Insurance SIFIs (Scott E. Harrington and Alan B. Miller) Chapter 9: Is the Insurance Industry Systemically Risky? (Viral V Acharya and Matthew Richardson1) Chapter 10: Modernizing the Safety Net for Insurance Companies (John H. Biggs) Chapter 11: Policyholder Protection in the Wake of the Financial Crisis (Peter G. Gallanis) Appendix 11A: The Critical Role of “Prompt Corrective Action” Appendix 11B: Table of Relevant Guaranty Association Coverage Levels by State As of September 19, 2013 (Subject to Change) Chapter 12: Comparative Regulation of Market Intermediaries: Insights from the Indian Life Insurance Market (Santosh Anagol (Wharton), Shawn Cole (Harvard Business School), and Shayak Sarkar (Harvard University)) About the Authors About the Website Index

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Book Synopsis

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Book Synopsis

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Book Synopsis

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