Case law

{
  "id": "MLC-T-INS-000693",
  "term": "Case law",
  "field": "Insurance and risk management",
  "definition": "The body of law established by judicial decisions in specific cases, as opposed to laws created by statutes or regulations. It provides precedents that guide future legal interpretations and rulings in similar insurance disputes. Insurers and legal professionals rely on case law to assess liability and determine policy coverage.",
  "url": "https://mlchart.com/terminology/insurance/case-law/"
}