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Many U.S. states are now in their fifth year of a medical malpractice "crisis", a period of volatility in the malpractice insurance market characterized by above average increases in premiums, contractions in the supply of insurance and deterioration in the financial health of carriers....
Persistent link: https://www.econbiz.de/10014058335
This paper uses the complete property and casualty insurance files of the National Association of Insurance Commissioners from 1984-1991 to assess the effect of medical malpractice reforms pertaining to damages levels and the degree to which these damages are insurable. Limits on noneconomic...
Persistent link: https://www.econbiz.de/10014069036
availability and affordability of liability insurance largely determine the direction of medical malpractice policy. Scientific and … regulation of liability insurance. Comprehensive reforms that approach medical malpractice insurance as a health policy problem …
Persistent link: https://www.econbiz.de/10014070448
The legal landscape for lawyers’ professional liability in the United States is changing. In 2018, Idaho implemented a … may address particular concerns expressed by those who oppose requiring lawyers to carry professional liability insurance …
Persistent link: https://www.econbiz.de/10014107622
Physicians are traditionally liable under a negligence rule of liability. Economic analysis of liability rules …, including malpractice, assumes that the primary function of liability is injury prevention (deterrence). Compensation can be … for efficient care, hence there should be no negligence, no claims and no demand for liability insurance. In practice, the …
Persistent link: https://www.econbiz.de/10014024179
. The quantile regressions show the greatest effects of joint and several liability limits, noneconomic damages caps, and …
Persistent link: https://www.econbiz.de/10014027237
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or medical institutions, contract, negligence, and product liability. This paper explicated only the medical negligence …, the basis of liability; the acts that constitute negligence and the available defenses to the medical practitioners and …
Persistent link: https://www.econbiz.de/10014264495