Who makes insurance laws? State legislators, of course!
Courts also make laws when they hand down decisions about whatlegislators intended and when they interpret legal principles wherelegislators have not acted. Significant areas of insurance law havebeen shaped by courts over time.
As branches of the government, legislatures and courts areaccountable to the public. In contrast, law professors are not.Although academics have traditionally offered commentary andanalysis about what the law should be, they don't have the abilityto say what the law is. That distinction, however, is at risk ofbeing blurred by a project in development by an organizationrecognized as extremely authoritative by the legal community.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
