This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first … is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …

covered. The first is legal liability for harm. Here we discuss liability rules as incentives to reduce risk, issues of risk …-bearing and insurance, and the costs of the liability system. Second, we consider property law, where we address the nature and …

liability insurance and indemnification. Under the auspices of state corporate law, virtually all public corporations use … internal and external insurance to protect their boards and management from liability for breach of fiduciary duties. The … concept of liability insurance and indemnification in relation to shareholder fiduciary claims seems on its face futile …