Compulsory Liability Insurance for Commercial Motor Vehicles

Review of Employers’ Liability Compulsory Insurance

comments on the new iranian law of compulsory liability insurance of motor vehicle owners

the problem of compensating victims of traffic accidents is certainly one of the most important problems of a civil liability system. on the other hand, liability insurance is the main financial safeguard for the payment of the compensation of these victims. the old iranian law in this regard was passed on 1968. it had some merits and some inconveniences. it has been replaced by the new law of ...

civil liability of motor vehicle under compulsory insurance act 1387(2008) in comparision with act 1347(1968)

after forty years, the act of motor vehicle compulsory insurance was amended in 1387(2008).the act has changed some areas and protected third parties rather than former act. some protections are: increasing third parties, development of sphere of insurance and acceptance of an insurance policy as a mortgage in courts. however we see some ambiguities in the late act. the article analyses changes...

Liability and liability insurance for medical malpractice.

Physicians typically carry virtually complete malpractice insurance coverage. This contradicts standard theoretical predictions that under a negligence rule of liability there should be no demand for insurance, and insurance policies under moral hazard will contain co-payment provisions. It is argued that judicial 'errors' in defining negligence generate a demand for liability and legal defense...

Minimum asset requirements and compulsory liability insurance as solutions to the judgment-proof problem

Minimum asset and liability insurance requirements must often be met in order for parties to participate in potentially harmful activities. Such financial responsibility requirements may improve parties’ decisions whether to engage in harmful activities and, if so, their efforts to reduce risk. However, the requirements may undesirably prevent some parties with low assets from engaging in activ...