Fair Auto Insurance Rates
Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
Published: 1974
Total Pages: 404
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
Published: 1974
Total Pages: 404
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. District of Columbia
Publisher:
Published: 1974
Total Pages: 364
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
Published: 1974
Total Pages: 347
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
Published: 1974
Total Pages: 366
ISBN-13:
DOWNLOAD EBOOK →Author: J. David Cummins
Publisher: Springer Science & Business Media
Published: 2013-03-09
Total Pages: 164
ISBN-13: 9401577536
DOWNLOAD EBOOK →Property-liability insurance rates for most lines of business are regulated in about one-half of the states. In most cases, this me ans that rates must be filed with the state insurance commissioner and approved prior to use. The remainder of the states have various forms of competitive rating laws. These either require that rates be filed prior to use but need not be approved or that rates need not be filed at all. State rating laws are summarized in Rand Corporation (1985). The predominant form of insurance rate regulation, prior approval, began in the late 1940s following the V. S. Supreme Court decision in United States vs. South-Eastern Underwriters Association, 322 V. S. 533 (1944). This was an anti trust case involving one of four regional associa tions of insurance companies, which constituted an insurance cartel. The case struck down an earlier decision, Paul vs. Virginia, 8 Wall 168 (1869), holding that the business of insurance was not interstate commerce and hence that state regulation of insurance did not violate the commerce clause of the V. S. Constitution. Following South-Eastern Underwriters, the Vnited States Congress passed the McCarran-Ferguson Act, which held that continued state regulation and taxation of insurance was in the public interest. The act also held that the federal antitrust laws would not apply to insurance to the extent that the business was adequately regulated by state law. (See V. S. Department of Justice 1977.
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
Published: 1983
Total Pages: 204
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
Published: 1983
Total Pages: 420
ISBN-13:
DOWNLOAD EBOOK →Author: United States. General Accounting Office
Publisher:
Published: 1986
Total Pages: 128
ISBN-13:
DOWNLOAD EBOOK →Author: Marica Lacio
Publisher:
Published: 2021-03-15
Total Pages: 136
ISBN-13:
DOWNLOAD EBOOK →This is the ultimate insider book about an industry that makes billions of dollars a year. Are you sure you have the right coverage? Do you really know what to do if you have an auto accident? Tired of paying high premiums? How do you really shop for auto insurance and get the best rate? Do you know how to insurance young drivers without increasing your premiums? Just because you are with a big-name company means nothing! You need to know for yourself and your family! This guidebook is the answer to all these questions and more. This is a comprehensive guide to understand and deal with 3 parts of the auto insurance experience. Those parts are affordable rates, adequate coverage, and a fair claim settlement (indemnification, which means to be made whole). You will learn in these chapters almost everything you need to know to be in the "sweet spot" of the auto insurance experience.
Author: Estate of Jerry J. Phillips
Publisher: Georgetown University Press
Published: 2001-12-18
Total Pages: 146
ISBN-13: 9781589014848
DOWNLOAD EBOOK →In this new volume, two lawyers debate which kind of automobile insurance is the best, no-fault or tort liability. This book presents in one place all the legal, political, historical, and financial arguments about the two types of auto insurance. Under the fault system currently used by thirty-seven states, tort law provides that the party at fault in the accident pays the full damages of accident victims. Jerry J. Phillips favors this system, arguing that it allows for fair compensation to the injured and deters drivers from dangerous behavior on the road. Stephen Chippendale counters this claim with the argument that tort-law based insurance combines high cost and low benefits, and that those who truly profit from it are the lawyers representing injured clients, while their claims clog up the court system. A better solution, he proposes, would be "Auto Choice," a plan under which consumers would choose whether or not they wished to be eligible for damages from pain and suffering. With civility and respect, these two legal scholars present thoughtful and thorough arguments on both sides of the debate, giving readers a balanced view of an issue that affects nearly every American. It will be of particular value to those in the fields of law, policy, and insurance.