Contents: Premiums, Profits, and Costs of Business in Alberta’s Automobile Insurance Industry, 1996-2006 by Christopher Bruce and Jason Strauss In February 2008, Economica was retained by the Canadian Bar Association to prepare a series of reports on automobile insurance premiums in five provinces: Alberta, Ontario, New Brunswick, Prince Edward Island, and Nova Scotia. We have […]
Read More...Year: 2008
Examination of Expert Witnesses
This article is based on Chris Bruce and Derek Aldridge’s experience as panelists at a Legal Education Society of Alberta seminar on examination of expert witnesses. The article offers some recommendations regarding the examination of expert economists.
Read More...Premiums, Profits, and Costs of Business in Alberta’s Automobile Insurance Industry, 1996-2006
In February 2008, Economica was retained by the Canadian Bar Association to prepare a series of reports on automobile insurance premiums in five provinces: Alberta, Ontario, New Brunswick, Prince Edward Island, and Nova Scotia. We have now completed this work, having prepared two reports on Alberta and one on each of the other four provinces. The first article in this newsletter summarises the main findings of the first of these reports, Alberta’s Minor Injury Regulation: Automobile Insurance Profits, Premium Rates, and Costs.
Read More...Spring 2008 issue of the Expert Witness newsletter (volume 13, issue 1)
Contents: The Discount Rate Revisited (Spring 2008) by Laura Weir, Derek Aldridge, Kelly Rathje, and Christopher Bruce This article reports on our latest survey of discount rates. We conclude that no changes to our existing discount rate assumptions are warranted, though a reduction in our long-term rate may be necessary in the future if the […]
Read More...Mathematical Mistake: Averaging Multiple Statistical Sources Together to Form One “Overall” Average Income Figure
In this article Laura Weir discusses an error that can occur by averaging multiple sources of statistical data in an attempt to obtain an overall average that is superior in quality to the individual averages.
Read More...The Discount Rate Revisited (Spring 2008)
This article reports on our latest survey of discount rates. We conclude that no changes to our existing discount rate assumptions are warranted, though a reduction in our long-term rate may be necessary in the future if the observed long-term rates remain significantly lower than our assumed rate.
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