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Managing Environmental Risk Through Insurance (Studies in Risk and Uncertainty)

Amazon.com Price: $12.52 (as of 12/05/2019 17:12 PST- Details)

Categories: Books, Business, Business and Money, Economics, Environmental Economics, Insurance, Liability, Politics and Government, Politics and Social Sciences, Public Affairs and Policy, Risk Management, Social Services and Welfare, Subjects

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Amazon Customer Reviews

Description

Can insurance be used as a means to acquire compliance with environmental policy? Answering this query requires examination of a broad mosaic of academic issues, including current systems to be had for providing compensation and deterrence, use of contracts (including insurance) as substitutes for tort law, limitations of regulatory policy making by government agencies, preconditions for creation of insurance products, and market mechanisms vital for insurance to be purchased or sold. The purpose of Managing Environmental Risk through Insurance is to focus on the potential role that insurance and performance standards can play in managing environmental risk. The authors conclude that insurance can assist solve one of the problematic issues facing society todayhow to atone for environmental exposures.
Managing Environmental Risk through Insurance analyzes the role of insurance in managing environmental risk. It begins by contrasting insurance with other societal tools for addressing risk: government benefit programs and imposition of involuntary liability the usage of the court system. In so doing, the book describes the comparative advantages of insurance. The authors then analyze the insurability of the risks and apply the insurability analysis to 3 concrete environmental examples.

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Managing Environmental Risk Through Insurance (Studies in Risk and Uncertainty)

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