Fatal accident claims
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Cross versus Sole Dependency in Fatal Accident Actions
In this article, Dr. Bruce notes that a fundamental assumption in economics is that individuals are rational. Therefore, when an individual is observed to make a voluntary choice, it can be concluded that the individual must have expected that choice to make him/her better off (or at least, no worse off). With respect to fatal… Continue reading
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The Dependency Rate as a Percentage of After-tax Income: Canada 2008
We examine whether or not the dependency rate increases or decreases as family income increases (or decreases). In particular, some experts have argued that the survivor’s dependency decreases as the deceased’s income increases. For example, whereas the widow of a man with low income might need, say, 80 percent of his income in order to… Continue reading
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Fatal Accident Calculations Under the New Legislation
In this article Kelly Rathje discusses the treatment of survivor pension benefits in fatal auto accidents, in light of the new rules defined by Alberta’s Insurance Amendment Act. Continue reading
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Fatal Accident Dependency Calculations
In this article Derek Aldridge examines the difference between using the sole- and cross-dependency approaches when estimating the loss of income dependency following a fatal accident. Chris Bruce wrote about this issue three years ago in the Expert Witness (Volume 1, Number 4). Derek’s article emphasises the specific differences between the calculations in the two… Continue reading
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Calculation of the Dependency Rate in Fatal Accident Actions
In this article Christopher Bruce deals with the topical issue of alternative approaches to the calculation of the dependency rate. He argues here that determination of whether a sole dependency method, a revised dependency method, or a revised cross dependency method is appropriate will depend upon the nature of the marriage of the couple in… Continue reading