Claim severity - Open Access .click

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Variability of Total Claim Amounts under Dependence between Claims Severity and Number of Claims

2006
Dependencies among random numbers of summands in random sums or among summands have been widely studied in recent literature, and several applications have been developed in actuarial sciences and reliability, where dependencies among risks or lifetimes are quite usual incommonproblems.
F. BELZUNCE +3 more
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An analysis of litigation claiming joint and several liability

Insurance: Mathematics and Economics, 1993
The purpose of the research is to aid the tort reform decision-making process by generating and analyzing a broad scope of state and federal court cases involving the use of joint and several liability from 1963 through 1988. Results indicate that the overall number of joint and several liability cases is quite small (just .41 percent in 1988). Further,
J.T. Schmidt, D.A. Anderson, T.K. Oleszczuk +2 more
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Joint and Several Liability, Contribution, and Claim Reduction

SSRN Electronic Journal, 2008
Three elements of the antitrust remedial scheme - joint and several liability, the absence of a right to contribution, and the offsetting of settlements against pre-trebled damages - combine to create several unfair results. Similarly situated defendants can be forced to bear very different shares of a damage award at a plaintiff’s whim, and defendants
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Claim-Severity Distribution

2023
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Severity Modeling of Extreme Insurance Claims