Punitive damages are one of the most controversial aspects of tort litigation and have been the subject of various … litigation processes. In particular, Polinsky (1997) argues that the uncertainty and unpredictability that punitive damage claims …. With one of the largest and most comprehensive data sets of tort litigation (over 25,000 cases filed from 1994 through 1997 …

This paper analyses the development of the banking sector in twelve transition countries. Foreign banks have become …

public liability insurance should not prevent benefits from recent government policy changes being passed onto consumers. The … Commission found that the market environment in which public liability claims are managed remains competitive and should provide …