LITIGATION CAUSES INSURANCE CRISIS FOR PUBLIC AND PRIVATE ENTITIES
Cities, Counties and States are finding it increasingly difficult to obtain and keep liability insurance. As sovereign immunity is repeatedly tested in the courts, insurance premiums are rising as much as one thousandth percent in one year. To ease the financial crunch being felt by municipalities, two independent, yet related steps are being taken by cities, counties and states in some regions of the nation. Some governments are finding that risk management programs can reduce the potential for negligence. In addition to better management within public agencies, some cities and states are finding ways to insure themselves. The City Council in Alexandria, Virginia, is a case in point. Some cities are going without insurance. A bill passed by Louisiana is described. The problem of financial liability and sky-rocketing insurance premiums resulting from court awards is affecting not only governments, but road construction contractors and taverns that serve liquor to persons who later become involved in accidents. Ways in which road contractors can help themselves out of this crisis are noted.
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/0884612X
-
Corporate Authors:
TranSafety Incorporated
2020 K Street, NW, Suite 350
Washington, DC United States 20006 -
Authors:
- Anderson, R W G
- Publication Date: 1985-11
Media Info
- Pagination: p. 4-5
-
Serial:
- TRANSAFETY REPORTER
- Volume: 3
- Issue Number: 11
- Publisher: TranSafety, Incorporated
- ISSN: 0884-612X
Subject/Index Terms
- TRT Terms: Cities; Contractors; County government; Courts; Districts and authorities; Drinking establishments; Government agencies; Insurance; Liability; Litigation; Negligence; Private enterprise; Risk management; State government; Traffic crashes
- Subject Areas: Administration and Management; Highways; Law; Security and Emergencies; I10: Economics and Administration;
Filing Info
- Accession Number: 00453684
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 31 2000 12:00AM