- Intra-Industry Signals Resulting From Insurance
Company Mergers.
ABSTRACT Given the increasing consolidation in the insurance industry, the authors' objective is to determine how the market revalues the acquirer, target, and rival insurance companies in response to merger announcements. The authors find that target and acquirer insurance companies experience favorable valuation effects at merger announcements. The authors also ......
- VA Health Care: Guidance Needed for Determining the
Cost to Collect from Veterans and Private Health
Insurers.
GAO-04-938 July 21, 2004 During a May 2003 congressional hearing, questions were raised about the accuracy of the Department of Veterans Affairs' (VA) reported costs for collecting payments from veterans and private health insurers for its Medical Care Collections Fund (MCCF). Congress also had questions about VA's practice of using ......
- Ownership structure, agency costs, specialization, and
efficiency: analysis of Keiretsu and independent insurers in the
Japanese nonlife insurance industry.
ABSTRACT This article uses the nonparametric frontier method to examine differences in efficiency for three unique organizational forms in the Japanese nonlife insurance industry--keiretsu firms, nonspecialized independent firms (NSIFs), and specialized independent firms (SIFs). It is not possible to reject the null hypothesis that efficiencies are equal, with one exception....
- Dividend policy determinants in the insurance
industry.
ABSTRACT This paper explores the dividend payout policy of firms in the insurance industry using a modification of Rozeff's (1982) agency cost-transaction cost tradeoff model. It appears that a firm's beta and level of insider ownership is directly related to dividend yield. Specific industry classification also appears to be ......
- HMOs juggle losses, costs and customers
INSURERS SAW IT as a way to get a grip on health care costs: Enroll large numbers of people in an insurance plan, then steer them to a select group of hospitals and doctors who would, in return for the high volume of business, deliver medical services at a reduced ......
- Is Tax Processing on Your Horizon?
In today's ever-changing and competitive environment, the insurance industry faces immense challenges in tax processing. Investing in resources, such as hiring and training qualified staff, along with managing frenzied busy seasons are top concerns for insurance companies. Last year, many insurance companies and CPA firms were talking about outsourced tax ......
- IVANS and AT&T establish customized network service program for IASA members
Insurance carriers are constantly pushing the limits of networking requiring higher-speed connections, more bandwidth, simplified access and tighter security. Additionally, insurers are in great need of extending their networks beyond corporate headquarters to branch offices, remote workers, clients, vendors and partners. In an effort to provide insurers access to flexible ......