Construct · 1 fields · 1 citations

liability insurance crisis: a standalone construct

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Insurance economics

account of sharp premium increases and coverage withdrawals in liability insurance, attributed to expanding tort liability undermining risk pooling.

In insurance economics, liability insurance crisis refers to account of sharp premium increases and coverage withdrawals in liability insurance, attributed to expanding tort liability undermining risk pooling. This meaning comes from Priest (1987) in The Yale Law Journal.[1]

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Nearby constructs

coverage3 fields · 3 citationsjingle · one word, three constructs crisis4 fields · 9 citationsjingle · one word, four constructs liability2 fields · 2 citationsjingle · one word, two constructs

References

Priest, G. L. (1987). The Current Insurance Crisis and Modern Tort Law. The Yale Law Journal, 96(7), 1521. https://doi.org/10.2307/796494

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