Access Restricted to Northwestern Law CommunityResearch Symposium on Insurance Markets and Regulation
April 14th - 15th, 2008
Optional Federal Chartering
Presenters:
Optional Federal Chartering of Insurance: Design of a Regulatory Strucutre (post-Symposium revision)
Hal S. Scott, Harvard Law School
The Fatal Flaw of Proposals to Federalize Insurance Regulation (post-Symposium revision)
Elizabeth F. Brown, University of St. Thomas School of Law
A Single-License Approach to Regulating Insurance (post-Symposium revision)
Henry N. Butler, Northwestern University School of Law and
Larry E. Ribstein, University of Illinois College of Law
Commentators:
Patricia Born,
Department of Finance, Real Estate & Insurance, California State University, Northridge
Peter Kochenburger,
Insurance Law Center, University of Connecticut School of Law
Sharon Tennyson, Department of Policy Analysis and Management, Cornell University
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Keynote Lunch Address
Representative Melissa Bean (D-Illinois, 8th District)
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Competition in Insurance Markets
Presenters:
Are Health Insurance Markets Competitive? (post-Symposium revision)
Leemore S. Dafny, Kellogg School of Management, Northwestern University
Rate Regulation, Uninsured Driving and the Cost of Automobile Accidents (post-Symposium revision)
Sharon Tennyson, Cornell University and Mary Weiss, Fox School of Business, Temple University
Commentators:
Amy B. Monahan, University of Missouri School of Law
Carole Bernard, University of Waterloo
John A. Tatom, Networks Financial Institute, Indiana State University
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Regulation in Theory and Practice
Presenters:
A Simple Mechanism for Improving Insurance Regulation (post-Symposium revision)
Abraham L. Wickelgren, Northwestern University School of Law
The Past and Future of Insurance Regulation: The McCarran-Ferguson Act and Beyond (post-Symposium revision)
Martin F. Grace, Department of Risk Management, Georgia State University|
Robert W. Klein, J. Mack Robinson College of Business, Georgia State University
Reinsurance: The Silent Regulator?
Aviva Abramovsky, Syracuse University College of Law
Commentators:
Casey G. Rothschild, Middlebury College
Peter Kochenburger, Insurance Law Center, University of Connecticut School of Law
Jason Scott Johnston, University of Pennsylvania Law School
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Emerging Public Policy Issues and Research Topics
Moderator:
Craig Berrington, Wiley Rein LLP
Discussants:
Alessandro Iuppa, Zurich
Paul Mattera, Liberty Mutual
Jeffrey Ellis Thomas, University of Missouri-KC-School of Law and
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Terrorism Insurance
Presenters:
Government Support for the Terrorism Insurance Industry: Where Do We Go From Here? (post-Symposium revision)
Jeffrey Ellis Thomas, University of Missouri-KC-School of Law
Thomas Russell, Santa Clara University, Leavey School of Business
Regulating the Market for Terrorism Insurance (post-Symposium revision)
Alexia Brunet, Northwestern University School of Law
Commentators:
Jonathan Masur, University of Chicago Law School
Aviva Abramovsky, Syracuse University College of Law
William M. Gentry, Williams College
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Medical Malpractice
Presenters:
Influences on Organizational Form on Medical Malpractice Insurer Operations (post-Symposium revision)
Joan Schmit, Actuarial Science Risk Management and Insurance Department, University of Wisconsin
Yu Lei, Barney School of Business, University of Hartford
Market Trends and Reserving Practices for Bodily Injury Claims
Charles Silver, University of Texas School of Law and
Kathryn Zeiler, Georgetown Law Center
Risk Retention Groups in Medical Malpractice Insurance: A Test of the Federal Chartering Option (post-Symposium revision)
M. Martin Boyer, Department of Finance, Université de Montréal and
Patricia Born, Department of Finance, Real Estate & Insurance, California State University, Northridge
Commentators:
Jason Snyder, Anderson School of Management, UCLA
Jonathan Klick, Florida State University School of Law
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Tort Reform
Presenters:
The Impact of Tort Reform on Intensity of Treatment: Evidence from the Heart Patients
Ronen Avraham, Northwestern University School of Law and
Max Schanzenbach, Northwestern University School of Law
How Tort Reform Affects Insurance Markets (post-Symposium revision)
Martin F. Grace, Robinson College of Business, Georgia State University and
J. Tyler Leverty, Henry B. Tippie College of Business-University of Iowa
Tort Reform as Carrot-and-Stick (post-Symposium revision)
Lee A. Harris, University of Memphis Cecil C. Humphreys School of Law
Commentators:
Jonathan Klick, Florida State University School of Law
Leemore Dafny, Kellogg School of Management, Northwestern University
Martin Zelder, Department of Economics, Northwestern University
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The Searle Center on Law, Regulation, and Economic Growth at Northwestern University School of Law presents a Research Symposium on Insurance Markets and Regulation featuring rigorous, high-quality, policy-relevant research by scholars from Northwestern University and other leading academic institutions. Panels cover research on Optional Federal Chartering of Insurance Companies; Competition in Insurance Markets; Insurance Regulation in Theory and Practice; Terrorism Insurance; Medical Malpractice; Tort Reform; and Emerging Public Policy Issues and Research Topics in Insurance.
The symposium features a Keynote Address by Representative Melissa Bean (D-Illinois, 8th District) who has been a major force in the recent bipartisan introduction of the National Insurance Act of 2007. The Act would create an optional federal charter (OFC) for life and property/casualty insurance providers. The OFC is intended to reduce regulatory obstacles to improving the cost and delivery of insurance products to American consumers and businesses. “Regulatory obstacles currently discourage insurance innovation and nimble product development to capitalize on emerging growth markets. Eliminating the need to coordinate with 51 state regulators and accelerating the time to market potential will foster greater industry innovation and agility,” said Rep. Bean. “It's time to allow the insurance industry to move into the 21st century so that consumers can benefit from reduced costs and innovative products,” Bean said. “The National Insurance Act will promote a more robust and competitive insurance industry domestically and internationally, . . . consumers will realize those benefits.”
Contact
For more information regarding this conference or other initiatives of the Searle Center, please call (312) 503-1811 or send an email to searlecenter@law.northwestern.edu .
