Key points are not available for this paper at this time.
Yong-Duck Kim, Dan R. Anderson, Terry L. Amburgey, James C. Hickman, The Use of Event History Analysis to Examine Insurer Insolvencies, The Journal of Risk and Insurance, Vol. 62, No. 1 (Mar., 1995), pp. 94-110
Kim et al. (Wed,) studied this question.