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IV. The Judicial Revolution in Tort Law
January 1, 1989
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By
Bradley A. Smith
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SKU: S1989-01
Contents
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Tort Law and the Products Liability Insurance Crisis
Executive Summary
I. Introduction
II. Theories of the Crisis
III. How Insurance Markets Work
IV. The Judicial Revolution in Tort Law
Causation and the Insurance Rationale
Contract and the Endless Warranty
Products Liability in Michigan – The Insurance Rationale Revisited
Joint Tort-Feasors and Risk Prediction
Erosion of Affirmative Defenses
Damages For All
Summary – What Hath the Courts Wraught...?
...And Who Pays?
V. Torts and Insurance – Saving the System
VI. Conclusion
VII. Endnotes
About the Author