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Wagering in Lives: The Life Insurance Speculators

in Calculating Promises: The Emergence of Modern American Contract Doctrine

Published in print:
2006
Published Online:
June 2013
ISBN:
9780804753982
eISBN:
9780804768054
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804753982.003.0008
Subject:
Law, Legal History

In 1898, John Ashton declared that “theoretically,” insurance is “gambling proper.” Ashton views “innocence” in a way that does not distance insurance from the taint of gambling, but merely puts it ... More


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