Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Capacity-constraint (1)
- Civil liability (1)
- Collusion (1)
- Economic analysis (1)
- Incentives (1)
-
- Income tax laws (1)
- Insurance (1)
- Insurance cycle (1)
- Internal Revenue Code (1)
- Liability insurance (1)
- Liaibility insurance crisis (1)
- Loss reserves (1)
- Medical malpractice (1)
- Michigan Law Review (1)
- Property-casualty (1)
- Tax reform (1)
- Taxation (1)
- Teaching (1)
- Tort-based theory (1)
- Treasury I (1)
- Treasury II (1)
Articles 1 - 2 of 2
Full-Text Articles in Law
Toward A Tax-Based Explanation Of The Liability Insurance Crisis, Kyle D. Logue
Toward A Tax-Based Explanation Of The Liability Insurance Crisis, Kyle D. Logue
Articles
The so-called liability insurance crisis of 1985 and 1986 transformed the way we think about tort law and about liability insurance markets. The crisis phenomena, which first appeared in late 1984 and lasted until mid-1986, consisted of enormous increases in liability insurance premiums and alarming reductions in the availability of certain types of liability coverage. In the two principal liability lines of insurance (Other Liability and Medical Malpractice), premiums increased by hundreds (in some cases thousands) of percentage points in a matter of months. At the same time, the availability of liability insurance contracted sharply. The liability policies that were …
Faculty Spotlight - Kyle D. Logue, Kyle D. Logue
Faculty Spotlight - Kyle D. Logue, Kyle D. Logue
Articles
Most of my teaching and research efforts are currently spent in two general fields of law - taxation and insurance. Which raises an interesting question: Why would a rational person decide to devote a good portion of his academic career to areas of law that many people - lawyers and nonlawyers alike - find painfully boring and unreasonably complicated? The ta and insurance lawyers in the audience, of course, already know the answer - that ta ation and insuran e are e ceptionally interesting topics and that, if one wants to understand how the real world works (in particular, the …