James M. Anderson
Paul Heaton
Stephen J. Carroll
https://www.jstor.org/stable/10.7249/mg860icj
Book Description:
No-fault regimes, a formerly popular alternative to the tort compensation system for auto-accident victims, have gradually lost support. Over time, premiums and claim costs have grown in no-fault states relative to other states, primarily driven by explosive medical cost increases. No-fault and tort states have also converged across many domains affecting costs, including excess claiming, litigation patterns, and noneconomic-damage payments.
eISBN: 978-0-8330-4946-9
Subjects: Business, Law