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complaints. Many of the preceding claims are facially implausible. The medical malpractice liability system is an enormous market … whose principal trading partners - trial lawyers and liability insurers - are sophisticated, economically-oriented repeat … malpractice liability system. These studies depict a system that is stable and predictable, that sorts valid from invalid claims …
Persistent link: https://www.econbiz.de/10014054840
This paper proposes a solution to many of the basic problems with the current system of medical malpractice liability … insurance results of medical malpractice liability. By making first-party insurers plaintiffs and placing them on the same … footing as their defense-side counterparts, liability insurers, UIS should increase the rate at and effectiveness with which …
Persistent link: https://www.econbiz.de/10014056568
reform increases physician supply and access to care. However, the degree to which marginal changes in malpractice liability …
Persistent link: https://www.econbiz.de/10014056751
Legal scholars, legislators, policy advocates, and the news media frequently use jury verdicts to draw conclusions about the performance of the tort system. However actual payouts can differ greatly from verdicts. We report evidence on post-verdict payouts from the most comprehensive...
Persistent link: https://www.econbiz.de/10014057146
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
This paper explores the evolution of the civil liability regime for insurance claims settlement disputes in the United …
Persistent link: https://www.econbiz.de/10014080157
Tort and civil liability reform has been a hotly debated issue across US states. This has spawned a large theoretical … Kauffman Index of Entrepreneurial Activity between 1996 and 2016, finding that liability reform is generally positively … associated with increased entrepreneurial activity. These results are largely driven by reforms to joint and several liability …
Persistent link: https://www.econbiz.de/10014111523
In a recent article, Guerra et al. (2022c) considered the problem of liability for accidents caused by the activity of … robots, proposing a novel liability regime, which they referred to as ‘manufacturer’s residual liability.’ Under this regime … defect or malfunction of the robot. In this article, I explore the possibility of extending this framework of liability to …
Persistent link: https://www.econbiz.de/10014259582