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By focusing on case studies involving the tobacco industry, guns, lead paint, breast implants and health maintenance organizations, the contributors to this volume collectively shed light on the likely consequences of regulation through litigation for insurance markets and society at large. They analyse the ramifications of large-scale lawsuits, mass torts and class actions for the insurance market and advocate increased public scrutiny of attorney reimbursement and a competitive bidding process for all lawsuits involving government entities as the plaintiffs.