THE PERFORMANCE OF THE 1980S CALIFORNIA INSURANCE AND LIABILITY REFORMS

W Viscusi and Patricia Born

Risk Management and Insurance Review, 1999, vol. 2, issue 2, 14-33

Abstract: Abstract: The authors examine the impact of Proposition 103. They contend that Proposition 103 reforms did not come at the expense of insurer profitability. Rather than exhibiting a decline in profitability following the adoption of Proposition 103, there was a substantial improvement in profitability which remains quite high relative to the rest of the country.

Date: 1999
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https://doi.org/10.1111/j.1540-6296.1999.tb00049.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:rmgtin:v:2:y:1999:i:2:p:14-33

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