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About The U.S. Experience with No-Fault Automobile Insurance: A Retrospective
No-fault regimes, a formerly popular alternative to the tort compensation system for auto-accident victims, have gradually lost support. Over time, premiums and claim costs have grown in no-fault states relative to other states, primarily driven by explosive medical cost increases. No-fault and tort states have also converged across many domains affecting costs, including excess claiming, litigation patterns, and noneconomic-damage payments.
Detailed Information
Author: | James M. Anderson, Paul Heaton |
---|---|
Publication Year: | 2010 |
ISBN: | 3104516979 |
Pages: | 192 |
Language: | English |
File Size: | 0.988 |
Format: | |
Price: | FREE |
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