IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-17099-9_7.html
   My bibliography  Save this book chapter

An Economic Analysis of Law-Suit Insurance

In: Economic Analysis of Regulated Markets

Author

Listed:
  • Michael Adams

Abstract

The aim of this paper is to provide an analysis of the effects of law-suit insurances. About 42 per cent of households in the Federal Republic of Germany own such an insurance. The total value of the premiums paid in 1980 exceeded 1.7 billion DM. This rapidly expanding business is coming under increasing attack from persons working in the legal sector. The reason for these attacks is their belief that the availability of such insurances is the principal cause of the huge increase in the number of law-suits. The rapid rise in the number of civil processes has led to the formation of increasingly long waiting lists. They constitute a threat to the functioning of the legal system and the President of the German Federal Court of Justice (Bundesgerichtshof) has already referred to these time lags as amounting to a denial of justice.1

Suggested Citation

  • Michael Adams, 1983. "An Economic Analysis of Law-Suit Insurance," Palgrave Macmillan Books, in: Jörg Finsinger (ed.), Economic Analysis of Regulated Markets, chapter 7, pages 134-147, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17099-9_7
    DOI: 10.1007/978-1-349-17099-9_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-17099-9_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.