TOPIC: WHAT IS TORT‚ AND TORTIOUS LIABILITY ? From a legal standpoint‚ a tort is a private or civil wrong or injury (other than a breach of contract) for which a court of law may provide a remedy through a lawsuit for damages (compensation). For example‚ when a person violates his/her duty to others created under general (or statutory) law‚ a tort has been committed. Tort law relies heavily on the common law‚ the legal opinions of the Courts‚ general trends in the community‚ and legal scholarship
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Department of Finance‚ Real Estate and Insurance PRINCIPLES OF INSURANCE (FIN 336) Dr. David T. Russell (david.russell@csun.edu) Fall 2013 MISSION‚ ETHICS AND ACADEMIC DISHONESTY POLICY The College of Business and Economics values academic integrity and will not tolerate cheating‚ plagiarism‚ or other acts of academic dishonesty. If you have any questions about the University’s Academic Dishonesty Policy‚ please contact me or consult the University catalog. For more
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DISSERTATION REPORT ON Marketing of General Insurance Products (with special reference to Iffco- Tokio General Insurance) SUMITTED IN PARTIAL FULFILLMENT OF THE RQUIREMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION H.N.B. GARHWAL UNIVERSITY SRINAGAR‚ GARHWAL SUBMITTED BY: SUBMITTED TO: Vaibhav Joshi Ms. Prapti Tandon MIB IVth Sem Faculty of IMS MIB06037 INSTITUTE OF MANAGEMENT STUDIES‚ DEHRADUN CERTIFICATE I have the pleasure in certifying that Mr
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One of the main reasons that an insurance company would return a claim would be because the patient did not have coverage at the time the services were rendered. This is a very common reason that claims are returned. This meaning that the patient was seen either before coverage began or after the coverage had ended. Now alot of insurance companies are putting the date coverage started on the insurance card to cut down on the number of claims being returned for this reason. The next main reason is
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A liability hazard or risk emerges from any activity obliging somebody to pay remuneration for another’s misfortune. However this originates from break or breach of some legitimate commitment. Liability tenets or rules are those figured in delict. There are a few basis utilized by insurers as a part of underwriting liability protection these incorporate the accompanying beneath. Causation Basis By utilizing the causation basis the occasions that cause the misfortune or loss must occur amid the time
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Why is insurance important? Insurance is important because it protects a person or entity from extreme financial loss or responsibility due to an unfortunate emergency‚ accident‚ or negative unforeseen event. There are many kinds of insurance‚ some of which cover a person and some of which cover businesses and other entities Choose two types of insurance and discuss their characteristics. a). The two types of insurance I chose are Car insurance and Health insurance. According to Siegel‚ R.‚ & Yacht
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Name: ID: Principles of Risk Management and Insurance Assignment 1 (Due 4/30/2012) Please write your answers on a separate sheet of paper. 1. Managers may have incentives to take action that benefit themselves at the expense of the shareholders. What factors give them incentives to act consistently with shareholder value maximization? 2. Describe the most important components of the cost of risk that apply to the risk of shoplifting at a convenience store
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ask when first buying a car is usually “what insurance do I need?”. Although it usually depends on personal preference and just how much you value your car and how much you are willing to spend‚ I personally suggest that people should purchase liability insurance‚ collision coverage insurance and comprehensive coverage. Liability insurance is a form of insurance that covers yourself in an accident that you are held responsible for. Liability insurance will cover your medical bills from any injuries
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that we learn this week is that legal accountability is a serious thing in nursing. Reading so many case studies has make me realize the importance of having professional liability insurance as an RN. In nursing work settings‚ so many things can go wrong unintentionally. Nurses are legally bound to the nursing practice act‚ and practicing below that standards can result of negligence. It is important to have liability insurance‚ but it is more important to practice with cautious and follow the standard
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! ! ! Liability for Negligence! 1. The Duty! PURE ECONOMIC LOSS ! Neighbour Test (Donoghue v Stevenson): Care must be taken to avoid acts Salient Features Test (Perre v Apand): Neighbour test is not enough in cases of which you can reasonably foresee would be likely to injure your neighbour. Who are pure economic loss to establish a duty of care‚ which caused a need for further persons I ought to reasonably have in contemplation as I take an action/omission. tests to identify
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