Author: James M. Anderson
Publisher: Rand Corporation
ISBN: 083304916X
Category : Business & Economics
Languages : en
Pages : 191
Book Description
"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.
The U.S. Experience with No-fault Automobile Insurance
Author: James M. Anderson
Publisher: Rand Corporation
ISBN: 083304916X
Category : Business & Economics
Languages : en
Pages : 191
Book Description
"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.
Publisher: Rand Corporation
ISBN: 083304916X
Category : Business & Economics
Languages : en
Pages : 191
Book Description
"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.
No-fault Motor Vehicle Insurance
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 182
Book Description
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 182
Book Description
National Standards No-fault Motor Vehicle Insurance Act
Author: United States. Congress. Senate. Committee on Commerce
Publisher:
ISBN:
Category : Insurance law
Languages : en
Pages : 668
Book Description
Publisher:
ISBN:
Category : Insurance law
Languages : en
Pages : 668
Book Description
No-fault Motor Vehicle Insurance
Author:
Publisher:
ISBN:
Category : No-fault automobile insurance
Languages : en
Pages : 516
Book Description
Publisher:
ISBN:
Category : No-fault automobile insurance
Languages : en
Pages : 516
Book Description
No-fault Motor Vehicle Insurance
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 936
Book Description
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 936
Book Description
The Injury Industry and the Remedy of No-fault Insurance
Author: Jeffrey O'Connell
Publisher: University of Illinois Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Publisher: University of Illinois Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 284
Book Description
D.C. No-fault Motor Vehicle Insurance
Author: United States. Congress. House. Committee on the District of Columbia. Subcommittee on Business, Commerce, and Taxation
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 308
Book Description
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 308
Book Description
New Jersey Auto Insurance Law
Author: Cynthia M. Craig
Publisher:
ISBN: 9780933902138
Category :
Languages : en
Pages :
Book Description
This comprehensive paperback contains thorough and practical discussions of such important issues as the changes in personal injury protection under the 1990 amendments to the PIP law, the interplay of PIP, health insurance and workman's compensation coverage, the litigation implications of the differing tort threshold provisions, the rules for determining whether a motorist is uninsured or underinsured under the UM/UIM clauses, the rights and remedies of insurers and insureds when multiple uninsured / underinsured policies are potentially involved in a claim, and much more. The easy-to-carry and easy-to-use text includes: Current statutory provisions regulating no fault, uninsured and underinsured motorist coverage, including the "Fair Automobile Insurance Reform Act of 1990". Practical tips on prosecuting, defending and arbitrating claims for personal injury and property Up-to-the-minute guide for all the case law interpreting and applying the legislative enactments. damage under the statutory scheme. With Full Text of Relevant Statutory and Regulatory Provisions
Publisher:
ISBN: 9780933902138
Category :
Languages : en
Pages :
Book Description
This comprehensive paperback contains thorough and practical discussions of such important issues as the changes in personal injury protection under the 1990 amendments to the PIP law, the interplay of PIP, health insurance and workman's compensation coverage, the litigation implications of the differing tort threshold provisions, the rules for determining whether a motorist is uninsured or underinsured under the UM/UIM clauses, the rights and remedies of insurers and insureds when multiple uninsured / underinsured policies are potentially involved in a claim, and much more. The easy-to-carry and easy-to-use text includes: Current statutory provisions regulating no fault, uninsured and underinsured motorist coverage, including the "Fair Automobile Insurance Reform Act of 1990". Practical tips on prosecuting, defending and arbitrating claims for personal injury and property Up-to-the-minute guide for all the case law interpreting and applying the legislative enactments. damage under the statutory scheme. With Full Text of Relevant Statutory and Regulatory Provisions
Standards for No-fault Motor Vehicle Accident Benefits Act
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 480
Book Description
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 480
Book Description
State No-fault Automobile Insurance Experience, 1971-1977
Author: United States. Department of Transportation
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 124
Book Description
Publisher:
ISBN:
Category : Insurance, No-fault automobile
Languages : en
Pages : 124
Book Description