Regulation and Litigation: Complements or Substitutes?
Document Type
Book Chapter
Publication Date
5-1-2013
Abstract
This chapter examines state litigation levels and proxies for regulatory activity. It explores the substitution hypothesis and examines the relationship between litigation and regulation as it relates to the insurance industry. Data from the National Association of Insurance Commissioners concerning the regulatory environment in each state is used in the analysis. This chapter argues that regulation and litigation look more like complements: more of one, more of the other.
Keywords
state litigation, regulatory activity, substitution hypothesis, litigation, regulation, Insurance industry, National Association of Insurance Commissioners, complements
Publication Title
The American Illness: Essays on the Rule of Law
Repository Citation
Klick, Jonathan and Helland, Eric, "Regulation and Litigation: Complements or Substitutes?" (2013). Book Chapters. 81.
https://scholarship.law.upenn.edu/faculty_chapters/81
https://doi.org/10.12987/yale/9780300175219.003.0005
DOI
https://doi.org/10.12987/yale/9780300175219.003.0005