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Tort reform and insurance markets

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Tag12Value
LDR  00000nab a2200000 i 4500
001  MAP20071505368
003  MAP
005  20080418124617.0
008  040531e20040321usa|||| | |00010|eng d
040  ‎$a‎MAP‎$b‎spa
084  ‎$a‎33
1001 ‎$0‎MAPA20080151294‎$a‎Viscusi, W. Kip
24510‎$a‎Tort reform and insurance markets‎$c‎W. Kip Viscusi
5208 ‎$a‎Proposed tort reforms have focused on punitive damages and noneconomic damages, each of which pose problems for jury decision making. The U.S. Supreme Court decision in State Farm v. Campbell will greatly limit very large punitive damages awards, and wiil affect smaller punitive awards to a lesser degree. Noneconomic damages caps enacted by state legislatures have greatly enhanced insurance market performance. Insurers operate within the context of a highly imperfect, regulated market in which this substantial price rigidity induced by regulation. Reform efforts should strive to stablish greater predictability and stability in these awards components rather than simply being concerned with imposing specific numerical caps
65011‎$0‎MAPA20080572396‎$a‎Indemnizaciones
65011‎$0‎MAPA20080586294‎$a‎Mercado de seguros
65011‎$0‎MAPA20080627638‎$a‎Seguro de responsabilidad civil
65001‎$0‎MAPA20080584634‎$a‎Derecho de seguros
7400 ‎$a‎Risk management and insurance review
7730 ‎$t‎Risk management and insurance review‎$d‎New York : The American Risk and Insurance Association‎$g‎Vol. 7, nº 1 Spring 2004 ; p. 9-24