Tyler (Ty) Leverty

Ty Leverty is the Gerald D. Stephens CPCU Distinguished Chair in Risk Management and Insurance and an Associate Professor in the Department of Risk and Insurance at the Wisconsin School of Business.

Prior to joining the faculty at UW-Madison, Leverty was an Associate Professor of Finance and the TRISTAR Risk Management Research Fellow at the University of Iowa’s Tippie College of Business.

His research interests are in the economics of insurance markets, insurance company operations, and public policy issues in insurance. He has received awards for his research including the State Farm Companies Doctoral Dissertation Award and the Casualty Actuarial Society Best Paper Award.

Leverty earned his B.A. in economics and history from the University of Washington and his Ph.D. in risk management and insurance from Georgia State University.

Selected Accepted Journal Articles

• Bayar, T. & Cornett, M. & Erhamjamts, O. & Leverty, T. & Tehranian, H. (2017). Product Market Competition and the Efficient Use of Firm Resources. Journal of Banking and Finance
• Leverty, T. & Grace, M. (2017). Do Elections Delay Regulatory Action?. Journal of Financial Economics

Selected Published Journal Articles

• Grace, M. & Leverty, T. & Phillips, R. & Shimpi, P. (2015). The Value of Investing in Enterprise Risk Management. Journal of Risk and Insurance (82), 261-504.
• Grace, M. & Leverty, T. (2013). How Tort Reform Affects Insurance Markets?. Journal of Law, Economics, and Organizations (29), 1253-1278.
• Leverty, T. (2012). Cost of Duplicative Regulation: Evidence from Risk Retention Groups. Journal of Risk and Insurance (79), 105-127.
• Leverty, T. & Grace, M. (2012). Dupes or Incompetents? An Examination of Management's Impact on Firm Distress. Journal of Risk and Insurance (79), 751-783.
• Leverty, T. & Grace, M. (2012). Property-Liability Insurer Reserve Error - Motive, Manipulation, or Mistake. Journal of Risk and Insurance (79), 351-380.
• Grace, M. & Leverty, T. (2010). Political Cost Incentives for Managing the Property-Liability Insurer Loss Reserve. Journal of Accounting Research (48), 21-49.
• Erhemjamts, O. & Leverty, T. (2010). The Demise of the Mutual Organizational Form: An Investigation of the U.S. Life Insurance Industry. Journal of Money, Credit and Banking (42), 1011-1036.
• Leverty, T. & Grace, M. (2010). The Robustness of Output Measures in Property-Liability Insurance Efficiency Studies. Journal of Banking and Finance (34), 1510-1524.
• Leverty, T. & Lin, Y. & Zhou, H. (2009). WTO and the Chinese Insurance Industry. Geneva Papers on Risk and Insurance (34), 440-465.