Introduction: Insurance in the law of obligations -- Characterizing insurance -- Insurance contracts and insurance market -- Regulatory dimensions -- Subrogation -- Loss-spreading -- Allocation of risk in voluntary arrangements -- Allocation of risk and tort law -- Compulsory liability insurance -- Vicarious liability -- Insurance and illegal conduct -- The asbestos litigation -- Insurance in litigation
Summary
The insurance industry has a significant impact on the operation of private law, yet remains poorly understood and under-theorized in the legal literature. Filling an important gap, this book analyses the interaction of insurance law and the general law of obligations, in theory and practice