The effect of federal insurance regulation has been a perennial topic of debate. Proponents have argued that federal regulation would result in a variety of benefits including greater product innovation, increased speed-to-market, reduction of regulatory costs, and additional cost efficiencies....

Empirical evidence suggests that insurance groups allocate capital to members with better performance or growth prospects and use internal capital markets to protect franchise value of less capitalized members. We propose and test an additional motivation for the use of internal capital markets...

There has been a significant increase in the use of social media and the volume of personal information provided on social networking websites. As such, social media has the potential for a variety of uses by businesses, including insurers. As the use becomes more widespread, insurers must...