Postclaim underwritting and the verification of insured information : evidence from the life insurance industry
Título: Postclaim underwritting and the verification of insured information : evidence from the life insurance industry / Jill M. Bisco, Kathleen A. McCullough, Charles M. Nyce
Autor: Bisco, Jill
Notas: Sumario: This research investigates information verification by life insurers with respect to postclaim underwriting through denied and resisted claims. We provide a theoretical model to explore the optimal strategy for insurers regarding preloss versus postclaim underwriting. Using differential cost structures, the model predicts that it is possible for some insurers to follow a strategy of postclaim underwriting while others do not. Evidence of this is found in the empirical analysis. Insurers that postclaim underwrite are identified by a decrease in underwriting expenses and an increase in the claim investigation expense in conjunction with increases in denied and resisted claims.
Registros relacionados: En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/03/2019 Volumen 86 Número 1 - marzo 2019 , p. 7-38
Otras clasificaciones: 341
Derechos: In Copyright (InC): http://rightsstatements.org/vocab/InC/1.0/