Attorneys and Legal Information

Defining the Costs of Tort Liability The most easily measured "costs" of the liability system are its direct costs--that is, those incurred by plaintiffs, defendants, and their insurance companies in litigating and settling specific claims, as well as the court costs that are ultimately paid by taxpayers. For the purposes of policy analysis, however, that measure of costs is too large in one respect and too small in another.
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Attorneys and Legal Information

10. Whether or not potential injurers overreact (they may not if they lack effective opportunities to reduce their liability), excessive awards can increase risk in a second way: through decreased consumption of risk-reducing goods and services, such as medical care.
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ClassActionLawsuit.org Kahn Gauthier Law Group - Case Information ...

This Policy insures that if You are in an accident and your Car is in the shop being repaired, the Insurance company will pay ... New York LIFE · WORLDCOM ... www.classactionamerica.com/affiliates/ gm/classactionlawsuit.asp?lngCaseID=4371 - 56k - Supplemental Result -
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