This study is an investigation of the theoretical accounting viewpoints and the accounting procedures used in business practice for the origination and administration of a self-insurance program. The purpose of this study is to compare the correct theoretical accounting procedures for self-insurance planning with those used in practice today.

A study to consider loss ratio on insurance policies carried by school districts in Texas. The purpose is to identify better methods for school insurance. An attempt to compare the cost of administering insurance in Texas and South Carolina.

No description available.

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The purpose of this study will be to determine the evolution and present form of accident and health insurance in the United States.

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Statistics and Actuarial Science / Doctoral / Doctor of Philosophy

The Federal Crop Insurance program is a management tool which is available to U.S. farmers and which is designed to protect them against low yields arising from natural disasters. Since the program is optional in nature, its provisions cannot be detrimental to a rationally behaving farmer. This work analyzes but goes beyond the private benefits of the Federal Crop Insurance program to farmers and represents a qualitative and quantitative attempt at investigating the implications of the availability of the program on risk-taking behavior and social welfare. Analytically, a simple model of the allocation of land among two crops (one safe and the other risky in the yield) is used along with the behavioral hypothesis of expected utility maximization. It is indicated that a subsidized program will, in general, induce greater risk-taking behavior. The impact of the program on crop-mix is, however, ambiguous when the expected insurance indemnities fall short of the premium paid. Given insurance availability, however, it is demonstrated that, under some reasonable assumptions about farmers' risk preferences, a premium subsidy will tend to induce greater risk taking. A major portion of the empirical work, which is undertaken within an expected value of income-variance of income framework, relates to the estimation of farmers' risk preferences on the basis of actual crop-mix data for individual farms in Arizona and estimated subjective distributions about prices, yields and costs of production. The estimation of the subjective distribution of prices is based on futures as well as cash prices. Given the risk aversion coefficient estimates for a sample of thirteen farmers, predicted crop-mixes are then obtained under the cases of insurance availability and no insurance. Results of the empirical study suggest that the Federal Crop Insurance program (in its pre-1980 version at least) does not have a significant impact on crop-mix. Finally, using the Arrow-Lind criterion of welfare assessment under uncertainty, the study casts doubt on the social desirability of the Federal Crop Insurance program.

No description available.