03778nam 2200697 a 450 991045475510332120200520144314.01-282-12973-297866121297351-4008-2777-910.1515/9781400827770(CKB)1000000000756339(EBL)445431(OCoLC)342572503(SSID)ssj0000271005(PQKBManifestationID)11192915(PQKBTitleCode)TC0000271005(PQKBWorkID)10280703(PQKB)10623498(MiAaPQ)EBC445431(MdBmJHUP)muse36395(DE-B1597)446567(OCoLC)979576849(DE-B1597)9781400827770(PPN)201952300(Au-PeEL)EBL445431(CaPaEBR)ebr10284225(CaONFJC)MIL212973(EXLCZ)99100000000075633920061011d2007 uy 0engur|||||||nn|ntxtccrWhen insurers go bust[electronic resource] an economic analysis of the role and design of prudential regulation /Guillaume Plantin, Jean-Charles RochetCourse BookPrinceton Princeton University Press20071 online resource (112 p.)Description based upon print version of record.0-691-17098-3 0-691-12935-5 Includes bibliographical references (p. [99]-101).Four recent cases of financially distressed insurers -- The state of the art in prudential regulation -- Inversion of the production cycle and capital structure of insurance companies -- Absence of a tough claimholder in the financial structure of insurance companies and incomplete contracts -- How to organize the regulation of insurance companies -- The role of reinsurance -- How does insurance regulation fit within other financial regulations? -- Conclusion : Prudential regulation as a substitute for corporate governance.In the 1990's, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of non-financial firms. Rather than immediately addressing the minutiae of supervision, Guillaume Plantin and Jean-Charles Rochet first identify a fundamental economic rationale for supervising the solvency of insurance companies: policyholders are the "bankers" of insurance companies. But because policyholders are too dispersed to effectively monitor insurers, it might be efficient to delegate monitoring to an institution--a prudential authority. Applying recent developments in corporate finance theory and the economic theory of organizations, the authors describe in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders.InsuranceState supervisionInsurance lawEconomic aspectsElectronic books.InsuranceState supervision.Insurance lawEconomic aspects.368.94183.70bclPlantin Guillaume721763Rochet Jean-Charles140852MiAaPQMiAaPQMiAaPQBOOK9910454755103321When insurers go bust2468329UNINA02649nam 2200685 a 450 991045660010332120200520144314.01-283-23589-797866132358930-253-00521-3(CKB)2550000000047227(OCoLC)753560294(CaPaEBR)ebrary10492911(SSID)ssj0000539332(PQKBManifestationID)12232423(PQKBTitleCode)TC0000539332(PQKBWorkID)10568629(PQKB)10167981(MiAaPQ)EBC3014854(Au-PeEL)EBL3014854(CaPaEBR)ebr10492911(CaONFJC)MIL323589(EXLCZ)99255000000004722720110211d2011 uy 0engurcn|||||||||txtccrMurder, the media, and the politics of public feelings[electronic resource] remembering Matthew Shepard and James Byrd Jr. /Jennifer PetersenBloomington Indiana University Press20111 online resource (222 p.)Bibliographic Level Mode of Issuance: Monograph0-253-35659-8 Includes bibliographical references and index.Introduction : media, emotion, and the public sphere -- Mourning Matthew Shepard : grief, shame, and the public sphere -- "Hate is not a Laramie value" : translating feelings into law -- The murder of James Byrd Jr. : the political pedagogy of melodrama -- The visibility of suffering, injustice, and the law -- Conclusion : feeling in the public sphere.Hate crimesUnited StatesPublic opinionGaysCrimes againstUnited StatesAfrican AmericansCrimes againstMass media and public opinionUnited StatesMass media and gaysUnited StatesMass media and race relationsUnited StatesMass mediaUnited StatesInfluenceElectronic books.Hate crimesPublic opinion.GaysCrimes againstAfrican AmericansCrimes against.Mass media and public opinionMass media and gaysMass media and race relationsMass mediaInfluence.070.4/493641523Petersen Jennifer1970-951691MiAaPQMiAaPQMiAaPQBOOK9910456600103321Murder, the media, and the politics of public feelings2151487UNINA