See the full video at https://youtu.be/s7cnXrrJqTsebrit19659002achte. The concept of unintended consequences is one of the building blocks of the economy. Adam Smith's "invisible hand", the most famous metaphor in the social sciences, is an example of a positive unintended consequence.
Most often, however, the law of unintended consequences shines the perverse unexpected effects of legislation and regulation. In 1692, the English philosopher John Locke, a forerunner of modern economists, called for a parliamentary bill desi
to defeat in order to lower the maximum allowable interest rate from 6 percent to 4 percent. The insurance is controlled by the courts, through appeal decisions and by authorities through laws and regulations. Compliance with appeals decisions, statutes and regulations – different in the various states – is extremely difficult and expensive.
The insurance business is unfortunately covered by the law on unintended consequences as if it were on steroids.  Available as a paperback book
Available as a Kindle book
© 2020 – Barry Zalma
Barry Zalma, Esq., CFE, now limits his practice to employment as an insurance consultant specializing in insurance coverage , insurance claims management, insurance bad faith and insurance fraud almost equally for insurers and policyholders. He also acts as arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and attorney and more than 52 years in the insurance business. He is available at http://www.zalma.com and email@example.com.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 52 years, Barry Zalma has dedicated his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following libraries with books and other materials to enable insurance companies and their claims personnel to become insured.
Read posts from Barry Zalma at https://parler.com/profile/Zalma/posts  Go to Zalma about insurance on YouTube- https://www.youtube.com/channel/UCFg7qxC0tVgKcMUqoUfnwPwebrit19659002 Go to19199009 – https://zalma.com/blog/insurance-claims- bibliotek /
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Read the last two questions by ZIFL here. https://zalma.com/zalmas-insurance-fraud-letter-2/??19459009achte Chapter19659002achte Chapter19459008 ?? Go to the Barry Zalma, Inc. website here https://www.zalma.com/ Chapter19459009]
Listen to my podcast, Zalma on Insurance, on:
https://podcasts.google.com/?q=zalma%20on%20insuranceZalma about insurance –