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

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

Product ID: 0833030345 Condition: New

Payflex: Pay in 4 interest-free payments of R242.75. Read the FAQ
R 971
includes Duties & VAT
Delivery: 10-20 working days
Ships from USA warehouse.
Secure Transaction
VISA Mastercard payflex ozow

Product Description

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

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.

Technical Specifications

Country
USA
Brand
Rand
Manufacturer
RAND Corporation
Binding
Paperback
PartNumber
illustrations
IsAdultProduct
Height
11
Length
8.5
Weight
0.44974301448
Width
0.15
ReleaseDate
2001-10-12T00:00:01Z
NumberOfItems
1