Suchergebnisse

AbstractCompel every automobile owner to procure a compensation insurance policy as a condition to obtaining a drivre's license, victims of accidents to be compensated from the insurance fund according to fixed schedules and without regard to fault

In my opinion, third-party liability insurance contracts could be an appropriate device in the future to replace the damaged reputation of shared capital described in the Hungarian Civil Code. Of course, in the future, it would be necessary to modify the rules of credit practices and creditworthiness assessments. I take the view that in order to make damage statistics more accurate and new insurance products more independent, this new insurance product called third-party liability insurance for share capital should be separated in the function of insurers by way of modifying the Hungarian Insurance Code. The above-mentioned ideas are at the moment theoretical, thoughtprovoking and conversation-generating ideas only, and the detailed new rules and norms should be established and codifi ed following further research.

Oil tankers are not solely to blame for pollution at sea. Non-tankers have released numerous spills. The International Convention on Civil Liability for Bunker Oil Pollution Damage has been adopted, but has not yet come into force. This timely and comprehensive book studies compulsory insurance, its main purpose of ensuring compensation and its interrelations with other features such as the rule of strict liability, the limitation of liability of that convention.

"Legislative Research Unit research response." ; Caption title. ; "February 20, 1987." ; Includes bibliographical references. ; Mode of access: Internet.

The liability crisis of the mid-1980s has led to an extensive reexamination of the liability system. A number of explanations have been offered for the substantial increase in insurance premiums and, in some cases, a decline in the availability of insurance. These include stimulation of the underwriting cycle by a decline in interest rates, collusion among insurance firms, rising tort costs, and uncertainty with respect to the liability burden.' Most observers, however, also point to changes in tort law itself. For example, plaintiffs may now have a more favorable environment for obtaining an award and, if they are successful, they may receive a larger award than in earlier eras. In addition, changes in the legal environment may have fostered considerable uncertainty that itself increases the costs insurance companies face. The liability crisis has led to reassessments of the state of tort law and explorations of ways in which it can be improved. A variety of legal reform groups, a Department of Justice task force, and a recent spate of conferences have all addressed aspects of the liability crisis and ways in which the law can be restructured. A wide variety of states have also begun legislative initiatives to limit tort recoveries. Among the more popular measures are caps and restrictions on punitive damages, caps on pain and suffering damages, modifications in comparative negligence standards, limits on the application of joint and several liability, changes in collateral source rules, and limits on government liability. Most of these changes came in the late 1980s, and it is too early to assess their implications. It is, however, possible to explore the role that earlier statutory reforms have had. Not all states have products-liability statutes, and those statutes that have been enacted differ considerably. This article focuses on how the performance of products-liability insurance varies with the statutory regime by using the complete insurance files for the products-liability-bodily injury lines of the ...