Insurance Working Group Meeting
Organized by Benjamin R. Handel and Motohiro Yogo
May 9, 2025
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA (Riverfront Room)
FORMAT: 25 min presentation, 20 min discussant, 15 min audience.

Friday, May 9

8:00 am

Continental Breakfast

8:30 am

The Hidden Cost of Climate Risk: Rising Insurance Premiums and Household Mortgage and Credit Outcomes

Nitzan Tzur-Ilan, Federal Reserve Bank of Dallas
Shan Ge, New York University
Stephanie G. Johnson, Rice University

Discussant:
Katherine R.H. Wagner, University of British Columbia

9:30 am

Break

9:40 am

Property Insurance and Disaster Risk: New Evidence from Mortgage Escrow Data

Benjamin J. Keys, University of Pennsylvania and NBER
Philip Mulder, University of Wisconsin - Madison

Discussant:
Varun Sharma, Indiana University

10:40 am

Break

10:50 am

Climate Risk and the U.S. Insurance Gap: Measurement, Drivers and Implications

Parinitha R. Sastry, University of Pennsylvania
Therese C. Scharlemann, Federal Reserve Board of Governors
Ishita Sen, Harvard University
Ana-Maria Tenekedjieva, Arizona State University

Discussant:
Hyeyoon Jung, Federal Reserve Bank of New York

11:50 am

Lunch - Somerset Room

12:50 pm

Reinsurance, Financial Frictions, and Subsidy Efficiency: Evidence from Health Insurance

Anran Li, University of Minnesota Twin Cities
Paul Kim, Michigan State University

Discussant:
Pietro Tebaldi, Columbia University and NBER

1:50 pm

Break

2:00 pm

Intermediation, Choice Frictions, and Adverse Selection: Evidence from the Chilean Pension Market

Eduard Boehm, London School of Economics and Political Science (LSE)

Discussant:
Mark L. Egan, Harvard University and NBER

3:00 pm

Break

3:10 pm

Experience Rating and Moral Hazard in Insurance Markets

Honglin Li, University of Wisconsin - Madison
Hao Zheng, University of International Business and Economics (UIBE)

Discussant:
Yizhou Jin, University of Toronto

4:10 pm

Adjourn