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2007

Compensation

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Roles Of Government In Compensating Disaster Victims, Stephen D. Sugarman Jan 2007

Roles Of Government In Compensating Disaster Victims, Stephen D. Sugarman

Stephen D Sugarman

Government has many roles to play with respect to the compensation of victims of catastrophes: on the insurance side (helping make insurance available ex ante, assuring insurer solvency and fair payment of claimants ex post) and on the compensation side (where government is at fault, where tort rights are reduced, where commuities face destruction, and where special altruistic concerns are present).