Risk And Insurance - In-Depth Series

Insurance: Insolvencies In-Depth Series

Series Summary
Risk & Insurance's four-part in-depth series on insurance insolvencies. Written by two writers with the insurance consultancy Navigant Consulting, the series explores how insolvency laws and guaranty funds fail in the present but can be reformed for the future.

Past Installments

Insolvencies In-Depth Series (Part 1): Failing at Failures
2007-01-01

By James W. Schacht and Lynne Prescott Hepler

In the first of a four-part series, two writers explore how insurance insolvency laws and the guaranty-fund system are a patchwork of systemic shortcomings, inefficiency and a lack of political will. What to do?

Insolvencies In-Depth Series (Part 2): Analyzing the Life Cycle of an Insolvency
2007-02-01

By James W. Schacht and Lynne Prescott Hepler

The "life" cycle of a property/casualty insurer insolvency often takes place in an opaque world bereft of accountability. Taxpayers and policyholders end up paying the most.

Insolvencies In-Depth Series (Part 3): One Long, Long Mission
2007-03-01

By James W. Schacht and Lynne Prescott Hepler

It took 21 years to close the estate of the Mission Insurance Group. This is the story of why and how it took so long.

Insolvencies In-Depth Series (Part 4): Receiving Reform
2007-04-01

By James W. Schacht and Lynne Prescott Hepler

The way insolvencies are done just doesn't work in today's complex insurance universe. While the "how" of reform can be debated, the "why" is all too apparent.

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