4 Wm. Mitchell J. L. & Prac. 2
By: Judge Jerome Abrams[Y]
INTRODUCTION
The central concept behind insurance in general, and liability insurance in particular, is risk transfer.[1] The simple nature of paying some amount of money in advance of a future event, which could result in a greater loss, provides some measure of economic security.[2] However, there can be many uncertainties involved in risk transfer through insurance.[3] Read the rest of this entry »
