The Differential effects of noneconomic damage cap levels on medical malpractice insurers

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1001 ‎$0‎MAPA20080092023‎$a‎Born, Patricia
24514‎$a‎The Differential effects of noneconomic damage cap levels on medical malpractice insurers‎$c‎Patricia Born, Faith Roberts Neale
520  ‎$a‎This study examines the effect of tort reform on medical malpractice insurers with an emphasis on the effect of cap levels on noneconomic damages. While previous research finds that caps on noneconomic damages have a beneficial effect on insurer performance, these studies do not evaluate the effects of caps of varying size. Examining insurer data from 1997 to 2007, we test whether cap levels matter. We find that insurer performance generally improves when the cap is set at $250,000, but caps exceeding $250,000 are not associated with improved performance, as they are possibly not binding on award amounts
650 4‎$0‎MAPA20080629632‎$a‎Responsabilidad civil profesional
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
650 4‎$0‎MAPA20100048047‎$a‎Negligencia
650 4‎$0‎MAPA20080562342‎$a‎Estadísticas
650 4‎$0‎MAPA20080616984‎$a‎Estudios de investigación
650 4‎$0‎MAPA20080611880‎$a‎Perspectivas del seguro
650 4‎$0‎MAPA20080583538‎$a‎Análisis económico
650 4‎$0‎MAPA20080634681‎$a‎Seguro de responsabilidad civil profesional
7001 ‎$0‎MAPA20080648817‎$a‎Neale, Faith R.
7730 ‎$w‎MAP20077001748‎$t‎Risk management & insurance review‎$d‎Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-‎$x‎1098-1616‎$g‎06/10/2014 Tomo 17 Número 2 - 2014 , p. 163-182