Article ID: | iaor20111793 |
Volume: | 78 |
Issue: | 1 |
Start Page Number: | 139 |
End Page Number: | 162 |
Publication Date: | Mar 2011 |
Journal: | Journal of Risk and Insurance |
Authors: | Born Patricia, Boyer M Martin |
Keywords: | medicine |
The liability crisis of the 1970s led to the introduction of a new type of insurance policy designed to reduce the undiversifiable uncertainty associated with writing long-tail liability lines. These new