Page 136 - 34-1
P. 136
In-House Provision of Corporate Services: The Case of Property-Casualty Insurers and In-House Actuarial
Loss Reserve Certification
Grace, M. F., and Leverty, J. T. 2010. Political cost incentives for managing the property-
liability insurer loss reserve. Journal of Accounting Research, 48 (1): 21-49.
https://doi.org/10.1111/j.1475-679X.2009.00358.x
________. 2012. Property–liability insurer reserve error: Motive, manipulation, or mistake.
Journal of Risk and Insurance, 79 (2): 351-380. https://doi.org/10.1111/j.1539-
6975.2011.01434.x
Grace, M. F., and Phillips, R. D. 2008. Regulator performance, regulatory environment
and outcomes: An examination of insurance regulator career incentives on state
insurance markets. Journal of Banking & Finance, 32 (1): 116-133. https://doi.
org/10.1016/j.jbankfin.2007.09.011
Harrington, S. E. 2002. Effects of prior approval rate regulation of auto insurance. In
Cummins, J. D. (Ed.), Deregulating Property-Liability Insurance: Restoring
Competition and Increasing Market Efficiency: 285-314. Washington, DC:
Brookings Institution Press.
Harrington, S. E., and Danzon, P. M. 1994. Price cutting in liability insurance markets. The
Journal of Business, 67 (4): 511-538. https://doi.org/10.1086/296645
He, E., Miller, S. M., and Yang, T. 2012. The impact of the Sarbanes-Oxley Act on board
structure of publicly traded and privately owned insurance companies. Journal
of Insurance Regulation, 31: 105-124.
Iliev, P. 2010. The effect of SOX Section 404: Costs, earnings quality, and stock prices.
The Journal of Finance, 65 (3): 1163-1196. https://doi.org/10.1111/j.1540-
6261.2010.01564.x
Kamiya, S., and Milidonis, A. 2018. Actuarial independence and managerial discretion.
Journal of Risk and Insurance, 85 (4): 1055-1082. https://doi.org/10.1111/
jori.12199
Kelly, M., Kleffner, A., and Li, S. 2012. Loss reserves and the employment status of the
appointed actuary. North American Actuarial Journal, 16 (3): 285-305. https://
doi.org/10.1080/10920277.2012.10590643
Khurana, I. K., and Raman, K. K. 2004. Litigation risk and the financial reporting
credibility of big 4 versus non-big 4 audits: Evidence from Anglo-American
countries. The Accounting Review, 79 (2): 473-495. https://doi.org/10.2308/
accr.2004.79.2.473
Klassen, K. J., Lisowsky, P., and Mescall, D. 2016. The role of auditors, non-auditors,
128