Conference in Honor of J. David Cummins and Mary Weiss

in honor j. david cummins and mary weiss

April 20222nd & 3rd

8:00am to 5:30pm
1801 Liacouras Walk, Room 746, Alter Hall

Hosted by the Department of Risk, Actuarial Science and Legal Studies Fox School of Business – Temple University

Scientific Program

Scientific Committee
  • Patricia Born, Florida State University (co-chair)
  • Georges Dionne, HEC Montréal (co-chair)
  • Martin F. Grace, Temple University
  • Scott Harrington, University of Pennsylvania
  • Robert Hoyt, University of Georgia
  • Richard D. Phillips, Georgia State University
  • Sharon Tennyson, Cornell University
Saturday, April 2 (8:00 am to 5:30 pm)
8:00 amContinental Breakfast 
8:45 amWelcome to the Conference
Ron Anderson (Dean, The Fox School), Patricia Born (Conference Co-Chair) and Martin F. Grace (Boettner Professor, Temple University)
 
9:00 amSession 1 – Theory
Moderator: Greg Niehaus
 
 Thistle, P., Rothschild, C.Supply, demand and selection in insurance markets: Theory and applications in pictures – view paper
 Heinzel, C., Peter, R.Precautionary motives with multiple instruments – view paper
 Moenig, T.It’s RILA time: An introduction to Registered Index-Linked Annuities – view paper
10:30 amBreak 
11:00 amSession 2 – Catastrophe Insurance I
Moderator: Patricia Born
 
 Collier, B.L., Huber, T., Jaspersen, J.G., Richter, A.How do households respond to social program reforms? Evidence from the U.S. National Flood Insurance Program – view paper
 del Valle, A.Saving lives with pre-arranged disaster aid: Evidence from Mexico – view paper
 Medders, L., Schwarcz, S.Securitizing pandemic risk insurance – view paper
12:30 pmLunch 
1:30 pmSession 3 – Efficiency in Insurance Supply
Moderator: Martin F. Grace
 
 Fang, H.Mutual risk sharing and Fintech: The case of Xiang Hu Bao – view paper
 Kyeonghee, K., Leverty, T.Product standardization and firm efficiency: The case of life insurers
 Rubio Misas, M.Analysis of insurers’ performance using frontier efficiency and productivity methods. Contributions by David Cummins and Mary Weiss – view paper
3:00 pmBreak 
3:30 pmSession 4 – Statistical Analysis
Moderator: Greg Nini
 
 Grace, M.Loss ratio dynamics – view paper
 Makariou, D.The multivariate Poisson-generalized inverse gaussian claim count regression model with varying dispersion and shape – view paper
 Browne, M.J., Hoyt, R.E., and Marais, J.C.A Reexamination of Excess Returns and the Underwriting Cycle in the Property-Liability Insurance Market – view paper
6 :00 pmConference Dinner

 

Osteria
640 N Broad Street
Philadelphia, PA 19130

*Attendees should RSVP (yes or no) for dinner at the time of registration. 

 
Sunday, April 3 (8:30 am to 12:30 pm)
8:30 amContinental Breakfast 
9:00 amSession 5 – Insurance Regulation
Moderator: Jan Ambrose
 
 Richman, B., Tennyson, S.The effects of state legal environments on automobile insurance costs and compensation: Evidence from the Royal Globe Doctrine
 Browne, M.J., Pooser, D.The influence of political power on customer satisfaction in auto insurance – view paper
 Hilliard, J., Kleffner, A., Regan, L.Contingent commissions after Spitzer: Agency conflicts and underwriting performance – view paper
 Chen, H.Reconciling mortality forecasts with EVT errors: An application to solvency capital requirement – view paper
11:00 amBreak 
11:30 amSession 6 – Catastrophe Insurance II
Moderator: Georges Dionne
 
 Zanjani, G.The ignorance of crowds: Understanding loss reserving errors in the liability catastrophe of 1997-2001 – view paper
 Dionne, G. Desjardins, D.A re-examination of U.S. insurance market capacity to pay catastrophe losses – view paper
12:30 pmClosing Remarks 
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