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2min chapter
Rebuilding Los Angeles
What Happens Next in 6 Minutes
The Impact of Fraud on Insurance Pricing and Behavior
This chapter examines the stark contrast in insurance rates between Miami Beach and Glencoe, Illinois, focusing on the role of insurance fraud. It discusses how moral hazard and adverse selection influence safety behaviors and pricing in the insurance industry.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode