-PDF Download- The Effects Of Third Party Bad Faith Doctrine On Automobile Insurance Costs And Compensation EBOOK

The Effects of Third-party, Bad Faith Doctrine on Automobile Insurance Costs and Compensation

Author: Angela Hawken

Publisher: Rand Corporation

Published: 2001

Total Pages: 55

ISBN-13: 9780833030344

The question of whether an automobile accident victim should be allowed to bring a claim for punitive damages for unfair settlement practices against another person's liability insurer Ãœ a so-called third-party, bad faith suit Ãœ has become an important policy concern. This book examines the compensation that automobile insurers paid to accident victims in California during a period, 1979 to 1988, when such punitive damages claims were permitted. This book looks at the effects of the adoption and subsequent rejection of the Royal Globe doctrine, which allowed third-party bad-faith suits, on compensation and costs of bodily injury claims. The authors find that the adoption of Royal Globe triggered sharp increases in both the average bodily compensation payment and the relative frequency of bodily injury claims in California relative to the other tort states. In contrast, the elimination of Royal Globe dramatically reversed these trends.

Stempel on Insurance Contracts

Author: Jeffrey W. Stempel

Publisher: Wolters Kluwer

Published: 2005-12-30

Total Pages: 3276

ISBN-13: 0735554366

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The U.S. Experience with No-fault Automobile Insurance

Author: James M. Anderson

Publisher: Rand Corporation

Published: 2010

Total Pages: 191

ISBN-13: 083304916X

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"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.

Selected Rand Abstracts

Author: Rand Corporation

Publisher:

Published: 2001

Total Pages: 340

ISBN-13:

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Includes Reports (R-series), Rand Memorandums (RM-series), papers (P-series), and Books.

Research Handbook on the Economics of Torts

Author: Jennifer Arlen

Publisher: Edward Elgar Publishing

Published: 2013-11-29

Total Pages: 668

ISBN-13: 1781006172

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Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal

Research Handbook on the Economics of Insurance Law

Author: Daniel Schwarcz

Publisher: Edward Elgar Publishing

Published: 2015-08-28

Total Pages: 549

ISBN-13: 1782547142

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The fields of insurance law and insurance economics have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance e

Encyclopedia of Deception

Author: Timothy R. Levine

Publisher: SAGE Publications

Published: 2014-02-20

Total Pages: 576

ISBN-13: 1483388980

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The Encyclopedia of Deception examines lying from multiple perspectives drawn from the disciplines of social psychology, sociology, history, business, political science, cultural anthropology, moral philosophy, theology, law, family studies, evolutionary biology, philosophy, and more. From the "little white lie," to lying on a resume, to the grandiose lies of presidents, this two-volume reference explores the phenomenon of lying in a multidisciplinary context to elucidate this common aspect of our daily lives. Not only a cultural phenomenon historically, lying is a frequent occurrence in our everyday lives. Research shows that we are likely to lie or intentionally deceive others several times a day or in one out of every four conversations that lasts more than 10 minutes. Key Features: More than 360 authored by key figures in the field are organized A-to-Z in two volumes, which are available in both print and electronic formats. Entries are written in a clear and accessible style that invites readers to explore and reflect on the use of lying and self-deception. Each article concludes with cross references to related entries and further readings. This academic, multi-author reference work will serve as a general, non-technical resource for students and researchers within social and behavioral science programs who seek to better understand the historical role of lying and how it is employed in modern society. Key Themes: Advertising, Marketing, and Public Relations Animals and Nature Communication Deception in Different Cultures Entertainment, Media, and Sports Ethics, Morality, Religion Law, Business, and Academia Military Politics and Government (includes espionage) Psychology: Clinical and Developmental Psychology: Social, Law-Legal, Forensic Social History (lies in history; famous liars, hoaxes)