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Books > Law > Administrative Law > Civil Law > 0833030345
  1. The Effects of Third-Party, Bad Faith Doctrine on Automobile Insurance Costs and Compensation
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  2. The Effects of Third-Party, Bad Faith Doctrine on Automobile Insurance Costs and Compensation

    [0833030345]
    Delivery: 10-20 Working Days
    Price R547.00

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Additional Information

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 Ü a so-called third-party, bad faith suit Ü 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.

Specifications

Country
USA
Binding
Paperback
EAN
9780833030344
ISBN
0833030345
Label
RAND Corporation
Manufacturer
RAND Corporation
MPN
illustrations
NumberOfItems
1
NumberOfPages
75
PartNumber
illustrations
PublicationDate
2001-10-15
Publisher
RAND Corporation
ReleaseDate
2001-10-12
Studio
RAND Corporation
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