The True Cost Of Auto Insurance In The Mountain West, 2022, 2022 University of Nevada, Las Vegas
The True Cost Of Auto Insurance In The Mountain West, 2022, Annie Vong, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.
Transportation & Infrastructure
This fact sheet examines data on average annual premiums, percent of income spent on auto insurance, and life events associated with the rising cost of auto insurance in the Mountain West (Arizona, Colorado, Nevada, New Mexico, and Utah). The original report includes data on national averages for auto insurance premiums for all fifty states.
Social Media Marketing And Insurance: An Analysis Of The Impact Of Social Media Marketing On Small Independent Brokerages Of Property And Casualty Insurance, Kaylee B. Brucker
University Honors Theses
Property and casualty insurance is an intangible service. It is a large industry within the US that in most regard is perpetual. Marketing for insurance is not similar to marketing for most other services or products. The agent must relay the value to the consumer prior to them purchasing it. Further, when considering social media marketing, we find a separate strategy of marketing. Social media marketing is becoming increasingly popular, it has shown as a successful strategy for obtaining consumers' attention and their business. This success has been seen in many industries, including insurance. However, there is a lack of ...
Where The Rainbow Ends: The Hidden Humanitarian Crisis For Members Of The Lgbtqia+ Community In International Business, 2022 James Madison University
Where The Rainbow Ends: The Hidden Humanitarian Crisis For Members Of The Lgbtqia+ Community In International Business, John R. Krendel
Senior Honors Projects, 2020-current
There are several people I would like to thank for their assistance in my Honors Capstone research and the writing of this Honors Thesis. First and foremost, I would like to thank my project advisor, Professor Fernando Pargas, for his assistance in planning my research and his continued support and input over the past few months. I would also like to thank my readers, Dr. Laura Leduc and Professor Robert Eliason for offering up their time to read my thesis and provide insightful feedback. Additionally, I would like to thank Elizabeth Price, the research librarian for the College of Business ...
What Is Insurance? An Analysis Of The Tax Deductibility Of Captive Insurance Premiums, 2022 Northern Illinois University
What Is Insurance? An Analysis Of The Tax Deductibility Of Captive Insurance Premiums, John D. Patten
What is insurance for the purposes of a tax deduction? The Internal Revenue Code does not define insurance. Without this definition, taxpayers using alternative insurance products to manage their risks must look to case law to determine whether their arrangements count as tax deductible insurance or non-deductible self-insurance. This paper dives into the four prongs of insurance: insurance risk, risk shifting, risk distributing, and commonly accepted notions of insurance. This paper looks to cases that have dealt with the deduction of captive insurance premiums to provide better insight into the practical application of this test. After discussing the evolution of ...
Case Study In Enterprise Risk Management: Lion Rock Summer Camps, Inc., 2022 University of Mississippi
Case Study In Enterprise Risk Management: Lion Rock Summer Camps, Inc., Arthur Meaney
Enterprise risk management is a crucial part of the modern business world. Being unprepared to handle risks that a company may face can lead to financial demise. Since the 1960s, the insurance industry has steadily moved away from the focus on insurance buying. Enterprise risk management strives to identify company-wide risks, evaluate their frequency and severity, come up with risk management and loss control methods, implement said methods, and monitor their effectiveness over time. In this case study, I identify risks for Lion Rock Summer Camps, Inc. and suggest various risk management and loss control methods. Lion Rock Summer Camps ...
The Impact Of Different Worldviews On The Financial Planning Process, 2022 Liberty University
The Impact Of Different Worldviews On The Financial Planning Process, Luke Osterhus
Senior Honors Theses
An individual's worldview has an effect on all aspects of their life. Worldview affects the decisions people make, the clothes they wear, the people they interact with, and so much more. What is often overlooked is the impact of worldview on one's view and use of money. Money is universal and everyone has some form of currency or assets. However, the way money is used, whether it is saved, spent, or invested, is often determined by an individual's own concept of money. Additionally, relationships between people are often chosen or influenced by an individual's worldview. Human ...
Exploring Mechanisms Insurers Employ To Set Premiums And Maximize Profitability, 2022 Liberty University
Exploring Mechanisms Insurers Employ To Set Premiums And Maximize Profitability, Brent Ferenczy
Senior Honors Theses
The insurance industry is a very complex segment of the macroeconomy. An explain will be given as to how these companies are able to maintain and maximize their profits, allowing them to remain in business. A key area in this process is the setting of premiums. This activity draws from many areas of the business model. This paper will start with a birds-eye view and telescope in, starting with standard business practices and ending with specific undertakings of insurance companies. Companies must keep adequate liquid funds. This is done mainly through forecasting cash outflows and investing their assets under management ...
Takaful Insurance And Its Similarities And Differences With Traditional Insurance, 2022 jinan university
Takaful Insurance And Its Similarities And Differences With Traditional Insurance, Najlaa Al Hajj
Al Jinan الجنان
Commercial insurance or cooperative insurance (Co-Op Insurance) typically aims to reduce common risks that can happen to any type of business and to provide all kinds of protection against unforeseen circumstances. Takaful insurance has been created as an alternative choice that the public was looking for, mainly in the Arab countries for the reason that the services of the traditional insurance do not suit people’s needs especially with regard to non-compliance with sharia laws. Therefore, Takaful insurance seeks to solve this problem. It provides insurance services and programs Commercial insurance or cooperative insurance (Co-Op Insurance) typically aims to reduce ...
أثر المخاطر المصرفية على عوائد الجهاز المصرفي الفلسطيني للفترة (2006-2019), 2021 الكلية الجامعية للعلوم والتكنولوجيا- غزة
أثر المخاطر المصرفية على عوائد الجهاز المصرفي الفلسطيني للفترة (2006-2019), جلال نافل الشيخ عيد استاذ مساعد
Journal of Al-Azhar University – Gaza (Humanities)
هدف البحث إلى التعرف على أثر المخاطر المصرفية على عوائد الجهاز المصرفي الفلسطيني للفترة (2006-2019) بالدراسة والتحليل، والمناقشة؛ وذلك باستخدام التحليل القياسي لاختبارات قياسية خاصة متعلقة ببيانات السلاسل الزمنية، مثل: اختبارات جذر الوحدة (ADF ، وpp). كما استخدم اختبار درجة التكامل المشترك Johansson Cointegration Test؛ ومن ثم تم استخدام Vector Error Correction Model (ECM)، ثم استخدام تقدير العلاقة بين المتغيرات في المدى الطويل باستخدام نموذج ARDL ، ومن ثم تحديد اتجاه وقوة العلاقة بينهما في المدى القصير، والمدى الطويل باستخدام Granger Test ضمن إطار (ECM)، واختبار سببية Yamamoto Toda معتمدة على مصادر البيانات من الإحصائيات الصادرة عبر تقارير شهرية من سلطة ...
Insurance Reserve Prediction: Opportunities And Challenges, 2021 Technological University Dublin
Insurance Reserve Prediction: Opportunities And Challenges, Ayman Taha Farahat, Bernard Cosgrave Dr., Wael Rashwan, Susan Mckeever Dr.
Predicting claims’ reserve is a critical challenge for insurers and has dramatic consequences on their managerial, financial and underwriting decisions. The insurers’ capital and their underwriting capacity of further business are impacted by inaccurate reserve estimates. Increasing premium rates and adjusting the underwriting policy decisions may balance the impact of unexpected claims, but will have a negative impact on their business opportunities. To address this, several papers focusing on the prediction of insurance reserve have been published in the literature. In this paper, we provide a comprehensive review of the research on the insurance reserve prediction techniques in economics and ...
Navigating The Impact Of Covid-19 On Small Commercial Businesses And Insurance Companies, And A Call To Action For Future Communicable Disease Outbreaks, Natalie Pena
St. Mary's University Honors Theses and Projects
The short-term and long-term effects of Covid-19 have caused many small commercial businesses to face financial hardships, loss of employees, and even closures for entities that were already experiencing low profit margins. Distraught with their businesses suffering, owners turned to their primary insurance companies to receive compensation through their business interruption policies. However, most insureds were upset when they discovered that their insurance plans did not include communicable diseases and pandemics as a covered peril. This led to many small businesses battling these issues in the courts and fighting for insurance companies to provide financial assistance to them during this ...
Third Party Moral Hazard And The Problem Of Insurance Externalities, 2021 University of Pennsylvania Carey Law School
Third Party Moral Hazard And The Problem Of Insurance Externalities, Gideon Parchomovsky, Peter Siegelman
Faculty Scholarship at Penn Carey Law
Insurance can lead to loss or claim-creation not just by insureds themselves, but also by uninsured third parties. These externalities—which we term “third party moral hazard”—arise because insurance creates opportunities both to extract rents and to recover for otherwise unrecoverable losses. Using examples from health, automobile, kidnap, and liability insurance, we demonstrate that the phenomenon is widespread and important, and that the downsides of insurance are greater than previously believed. We explain the economic, social and psychological reasons for this phenomenon, and propose policy responses. Contract-based methods that are traditionally used to control first-party moral hazard can be ...
The Impact Of Covid-19 On Hospital Admissions For Twelve High-Burden Diseases And Five Common Procedures In The Philippines: A National Health Insurance Database Study 2019-2020, 2021 Ateneo de Manila University
The Impact Of Covid-19 On Hospital Admissions For Twelve High-Burden Diseases And Five Common Procedures In The Philippines: A National Health Insurance Database Study 2019-2020, Jhanna Uy, Vanessa T. Siy Van, Valerie Gilbert T. Ulep, Diana Beatriz Bayani, Damian Walker
Health Sciences Faculty Publications
The Philippines has the highest cumulative COVID-19 cases and deaths in the Western-Pacific. To explore the broader health impacts of the pandemic, we assessed the magnitude and duration of changes in hospital admissions for 12 high-burden diseases and the utilization of five common procedures by lockdown stringency, hospital level, and equity in patient access.
Our analysis used Philippine social health insurance data filed by 1,295 hospitals in 2019 and 2020. We calculated three descriptive statistics of percent change comparing 2020 to the same periods in 2019: (1) year-onyear, (2) same-month-prior-year, and (3) lockdown periods.
Disease admissions ...
Financing Mechanisms Applied For Successful Universal Health Coverage In Malaysia, Thailand And Singapore - Lessons For Pakistan, Rawshan Jabeen, Unaib Rabbani, Nazish Abbas
Community Health Sciences
Universal health coverage is a global agenda and, currently for Pakistan, achieving this goal is a challenge because of a number of constraints. The current narrative review was planned to describe an overview of the provision of health insurance in Malaysia, Thailand and Singapore that have achieved universal health coverage, and to propose a roadmap for Pakistan. Literature search was conducted on Google Scholar and PubMed databases as well as on the World Bank website to retrieve relevant articles. The three studied countries achieved universal health coverage by gradually increasing allocation for health and through various mechanisms, such as health ...
Financial Risk Protection For Neurosurgical Care In Indonesia And The Philippines: A Primer On Health Financing For The Global Neurosurgeon, 2021 Jose R. Reyes Memorial Medical Center
Financial Risk Protection For Neurosurgical Care In Indonesia And The Philippines: A Primer On Health Financing For The Global Neurosurgeon, Kevin Paul Ferraris, Maria Eufemia C. Yap, Maria Cristina G. Bautista, Dewa Putu Wisnu Wardhana, Sri Maliawan, I Made Ady Wirawan, Rohadi Muhammad Rosyidi, Kenny Seng, Joseph Erroll Navarro
Graduate School of Business Faculty Publications
Which conditions treated by neurosurgeons cause the worst economic hardship in low middle-income in countries? How can public health financing be responsive to the inequities in the delivery of neurosurgical care? This review article frames the objectives of equity; quality; and efficiency in health financing to the goals of global neurosurgery. In order to glean provider perspectives on the affordability of neurosurgical care in low-resource settings; we did a survey of neurosurgeons from Indonesia and the Philippines and identified that the care of socioeconomically disadvantaged patients with malignant intracranial tumors were found to incur the highest out-of-pocket expenses. Additionally; the ...
B Corps’ Social Media Communications During The Covid-19 Pandemic: Through The Lens Of The Triple Bottom Line, 2021 Montclair State University
B Corps’ Social Media Communications During The Covid-19 Pandemic: Through The Lens Of The Triple Bottom Line, Manveer Mann, Sang-Eun Byun, Whitney Ginder
Department of Marketing Faculty Scholarship and Creative Works
The COVID-19 pandemic and rising demand for transparency has heightened the importance of sustainability communications on social media to generate deeper stakeholder engagement. Although B Corporations (B Corps), businesses committed to the triple bottom line (TBL), could serve as a catalyst for sustainable development, little is known about how they communicate on social media during a crisis. Therefore, we examined social media communications of B Corps to (1) identify salient topics and themes, (2) analyze how these themes align with the TBL, and (3) evaluate social media performance against industry benchmarks. We focused on the apparel, footwear, and accessories (AFA ...
An Examination Of Types Of Health Insurance And The Reported Prevalence Of Autism In The United States, 2021 Western Michigan University
An Examination Of Types Of Health Insurance And The Reported Prevalence Of Autism In The United States, Jennifer L. Thompson
The prevalence of Autism Spectrum Disorders continues to rise despite barriers of changes to diagnostic criteria and lack of insurance coverage. Increases in prevalence affect costs associated with a disorder since cost of health care services are often estimated based on utilization of services. This can also affect an individual’s ability to access to health care services. To equitably distribute autism services to individuals an accurate estimation of the true prevalence of autism is needed.
Access to health care can be influenced by the type of insurance coverage a person holds. Other factors, such as socio-economic status, ethnicity, location ...
Modeling And Application Of Neural Networks For Automotive Damage Appraisals, 2021 Southern Methodist University
Modeling And Application Of Neural Networks For Automotive Damage Appraisals, Fred Poon, Yang Zhang, Jonathon Roach, David Josephs, John Santerre
SMU Data Science Review
The automotive damage appraisal process is one of the areas in property and casualty insurance that can benefit from applying deep learning technology and computer vision. It is commercially beneficial to introduce a fast and efficient claim process that can shorten the entire process. Technologies adopted include advanced neural network algorithm and Mask R-CNN to solve tasks such as image classification, object detection, and segmentation in combination with statistical analysis and model construction of the appraisal metadata to approximate final claim cost. With a database of over 3 million records as the data source, a workflow is constructed via a ...
Case Study In Enterprise Risk Management: Happy Tails, Inc., 2021 University of Mississippi
Case Study In Enterprise Risk Management: Happy Tails, Inc., Clay Chance
Enterprise risk management is a necessity for businesses in today’s marketplace. Firms that are unaware of risks they are facing often find themselves in unexpected trouble. The field of enterprise risk management has been growing since the 1990s as an effort to minimize the costs that risk imposes on firms. In this case study, I identified risks for Happy Tails, Inc. and recommended various techniques to manage the risks. I found that not only does Happy Tails face many of the same major risks faced by most firms in the marketplace today, but it also faces some unique risks ...
Climate Change Preparedness In The Insurance Sector, 2021 University of Connecticut
Climate Change Preparedness In The Insurance Sector, Daniel Fischler
Honors Scholar Theses
Climate change is the inevitable consequence of human activity since the industrial revolution began centuries ago. Assuming humanity survives and adapts to this scenario, there will be significant impacts on the economy and business. Under these circumstances, the insurance sector in particular will face challenges as the frequency and severity of losses increase due to climate change related events. This paper aims to analyze various options for allowing insurance to maintain viability in this changing environment. The general issue for the future is premiums must be commensurate with climate change related risk in affected areas. As a result, certain coastal ...