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The American IllnessEssays on the Rule of Law$
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F. H. Buckley

Print publication date: 2013

Print ISBN-13: 9780300175219

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300175219.001.0001

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Regulation and Litigation

Regulation and Litigation

Complements or Substitutes?

Chapter:
(p.118) Regulation and Litigation
Source:
The American Illness
Author(s):

Eric Helland

Jonathan Klick

Publisher:
Yale University Press
DOI:10.12987/yale/9780300175219.003.0005

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

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