Selected Publications

  • Chen, L., Gaver, J. J., Pottier, S. W., . “An Investigation of the Short-Run and Long-Run Stock Market Response to Insurer Rating Changes”. Journal of Risk and Insurance.
  • Hilliard, J. I., Pottier, S. W., Xu, J., . “Trust-Preferred Securities and Insurer Financing Decisions”. Journal of Risk and Insurance.
  • Chen, L., Pottier, S. W., . “The Relative Informativeness of Analysts’ Stock Return Forecasts and Rating Changes for Insurance Companies”. Geneva Papers on Risk and Insurance, Issues and Practices, 40: 516–537.
  • Eckles, D. L., Hoyt, R. E., Miller, S. M., . “The Impact of Enterprise Risk Management on the Marginal Cost of Reducing Risk: Evidence from the Insurance Industry”. Journal of Banking and Finance, 43: 247–261.
  • Wang, Yuling, Carson, James M., . “Rating Drift in Property-Liability Insurer Rating Transitions”. Journal of Insurance Issues, 37 (1): 59–76.
  • Pottier, S. W., . “Life Insurer Efficiency and State Regulation: Evidence of Optimal Firm Behavior”. Journal of Regulatory Economics, 39(2): 169–193.


  • Chen, L., Pottier, S. W., (forthcoming). “Rating Changes and Competing Information: Evidence on Publicly-Traded Insurance Firms”. Journal of Risk and Insurance.
  • Berry-Stölzle, Thomas R., (forthcoming). “External Financing in the Life Insurance Industry: Evidence from the Financial Crisis”. Journal of Risk and Insurance.
  • Cole, Cassandra, Fier, Stephen, Carson, James M., Andrews, Demetra, (forthcoming). “The Impact of Insurer Name Changes on the Demand for Insurance”. Journal of Risk and Insurance.
  • Eckles, D. L., Halek, M., Zhang, R., (forthcoming). “Information Risk and the Cost of Capital”. Journal of Risk and Insurance.
  • Eckles, D. L., Kam, C. D., Maestas, C. L., Schaffner, B. F., (forthcoming). “Risk Attitudes and the Incumbency Advantage”. Political Behavior.
  • Mao, Hong, Carson, James M., Ostaszewski, Krzysztof, Wang, Yuling, (forthcoming). “Unified and Dynamic Monitoring of P-L Insurance Companies”. Quality Technology and Quantitative Management.