Issues on Legal Expenses Insurance

Legal expenses insurance , risk aversion and litigation ∗

The risks involved in litigation are well documented; they include the risk of incurring legal expenses. While much literature focuses on contingent fees as a mechanism for litigants to shift this risk, there is little work on legal expenses insurance—the dominant means of shifting this risk in Europe. In our model, a risk averse plaintiff may purchase legal expenses insurance. The defendant ma...

Health insurance exchanges: legal issues.

Legal Solutions in Health Reform is a project funded by The RobeRT Wood Johnson FoundaTion Prepared for The o'neill insTiTuTe FoR naTional and Global healTh laW aT GeoRGeToWn univeRsiTy 600 new Jersey avenue, nW Washington, dC 20001 is the premier center for health law, scholarship and policy. Housed at Georgetown University Law Center, in the heart of the nation's capital, the Institute has th...

Old-Age and Survivors Insurance Administrative Expenses

example, which ranked second highest in terms of per capita income, grants amounted to $46.51 per capita compared with $18.38 for the continental United States; 50 percent of the total grants to the State went for highway construction. Similarly, in the middle-income group, Wyoming received $34.87 per capita in grants, and 48 percent of all grants was for highways. New Mexico, among the low-inc...

Old-Age, Survivors, and Disability Insurance: Administrative Expenses

THE ADMINISTRATION of the old-age, survivors, and disability insurance program has never cost more than a small proportion of contribution income-2-3 percent in most years. Administrative costs are also small by another measure; as a proportion of the total taxable payroll on which contributions are based, they are less than ‘/ of 1 percent. The costs are met from two funds-the old-age and surv...

Legal Errors and Liability Insurance