Insurance premiums reflect expectations about the future losses of each insured. Given dearth cyber security loss data, market could shed light on true magnitude despite noise from factors unrelated to losses. To that end, we extract insurance pricing information regulatory filings 26 insurers. We provide empirical observations how vary by coverage type, amount, and policyholder type over time....

Social Security Disability Insurance (DI) recipients are the only individuals who qualify for Medicare, the universal health care program for retirees, before age 65. The two-year waiting period between the DI benefit award and Medicare eligibility offers an insight into the health insurance system in U.S. DI recipients are both constrained not to work and to be chronically ill or dying. Hence,...

This document outlines the benefits of a trusted cyber incident data repository that enterprise risk owners and insurers could use to anonymously share sensitive cyber incident data and is the first in a series of white papers. This paper outlines the potential benefits of a trusted cyber incident data repository that enterprise risk owners and insurers could use to anonymously share, store, ag...

Cyberinsurance is a powerful tool to align market incentives toward improving Internet security. We trace the evolution of cyberinsurance from traditional insurance policies to early cyber-risk insurance policies to current comprehensive cyberinsurance products. We find that increasing Internet security risk in combination with the need for compliance with recent corporate legislation has contr...

The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment insurance (UI) scheme and preferences for unemployment policy reforms. In a first step, the optimal defined benefit and defined replacement ratio UI systems are obtained in simulations. Then, the question whether switching to such an optimal system from the status quo would be...

The single most likely way to leave the unemployment insurance (UI) register in Hungary is not by getting a job but by exhausting entitlement to benefit. Two questions follow. First, what are the implications of the cessation of UI for living standards? Second, does UI exhaustion have much effect on the probability of getting a job through increasing incentives to work? We investigate these iss...