Centro de Documentacion de Fundación MAPFRE - An Empirical assessment of regulatory lag in insurance rate filings

MAP20230022306

An Empirical assessment of regulatory lag in insurance rate filings / Patricia Born, J. Bradley Karl, Robert Klein

Sumario: In this article, we evaluate factors that help to explain an important source of variation in insurers' rate filing experiences across states and over time for personal automobile insurance. Using a new source of data from personal auto insurance rate filings for all U.S. insurers, we examine factors associated with regulatory lag. The timeliness of the disposition of insurers' rate filings is important, as significant delays can undermine the usefulness of the actuarial analysis required for justifying rate changes and may result in rate inadequacy pending the approval of rate increases

En: North American actuarial journal. - Schaumburg : Society of Actuaries, 1997- = ISSN 1092-0277. - 06/09/2023 Tomo 27 Número 3 - 2023 , 17 p.

1. Empresas de seguros . 2. Seguro de automóviles . 3. Tarifas . 4. Regulación . 5. Métodos de evaluación . I. Bradley Karl, J. . II. Klein, Robert W . III. Title.