Since partial rate deregulation in 1995, the California workers' compensation insurance market has seen dramatic swings in underwriting profits and the share of coverage written by private carriers. Many insurers have failed. This book considers why and looks at the regulatory system and its response, then makes recommendations to reduce market volatility and the frequency of insolvencies while realizing the benefits of a competitive market.

This report describes the creation, organization, governance, and operation of asbestos personal-injury trusts and compiles publicly available information on the assets, outlays, claim-approval criteria, and governing boards of the 26 largest trusts. The authors find that important data are incomplete, often shallow, and inconsistent.

Public and private institutions in the United States have long been home to a variety of art works, antiquities, and ethnological materials. For years, these collections have been seen as important archives that allow present and future generations to enjoy, appreciate, and value the art of all cultures. In the past decade, however, questions have been raised as to exactly what constitutes legal and ethical ownership of art and other cultural property. Some observers believe that art and ethnological materials should remain in source countries, and have lobbied for an end to art trading. Recent changes to U.S. law may curtail both private and public collecting. Contributors to "Who Owns the Past?" include legal scholars, museum professionals, anthropologists, archaeologists, and collectors. In clear, nontechnical language, they provide a comprehensive overview of the development of cultural property law and practices, as well as recent case law affecting the ability of museums and private collectors to own art from other countries. Topics covered include rights to property, ethical ownership, the public responsibilities of museums, threats to art from war and development, and international cooperation to preserve collections in the developing world. Engaging all perspectives on this debate, "Who Owns the Past?" challenges all who care about the arts to work together toward policies that consider traditional American interests in securing cultural resources, and respect international concerns over loss of heritage.

This book examines the central issues in the debate over whether to extend, modify, or end the Terrorism Risk Insurance Act of 2002, which requires insurers to make terrorism coverage available to commercial policyholders.

Examines benefits going to those who were killed or seriously injured in the 9/11 attacks and benefits to individuals and businesses in New York City that suffered losses from the attack on the World Trade Center The terrorist attacks of September 11, 2001, caused tremendous loss of life, property, and income, and the resulting response from public and private organizations was unprecedented. This monograph examines the benefits received by those who were killed or seriously injured on 9/11 and the benefits provided to individuals and businesses in New York City that suffered losses from the attack on the World Trade Center. The authors examine the performance of the compensation system--insurance, tort, government programs, and charity--in responding to the losses stemming from 9/11.

What are the Terrorism Risk Insurance Act's effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.