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Tillinghast Study: U.S. Tort Costs Reach a Record $260 Billion

National News • March 13, 2006
U.S. tort costs reached a record $260 billion in 2004, or approximately $886 per person, according to the U.S. Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business ...

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Subject: U.S. Tort Costs Reach a Record $260 Billion

Posted On: March 13, 2006, 12:40 pm CST
Posted By: tony mauhar
Comment:
Please identify the source of the data identifying the "$260 Billion costs".

Does the figure represent all tort court judgments and the cost of all premiums for all lines of related insurance? If so, were sums deducted for premium payments where no claims were paid?

Does the figure include settled case ammounts? Most settlement sums are unknown and have confidentiality clauses usually at the insistence of the insurer.To what extent were these figures included in thie $260 Billion" cost? And how would one verify the accuracy of such statements that are based on non-disclosable private information?

It is unclear whether the article's claim of $260 Billion in tort costs" is accurate.
Subject Posted By Posted On
RE: A Re-cap of previous post by Linda Fermoyle Rice Rutherford
Mar 21, 2006, 8:06 am
A Re-cap of previous post by Linda Fermoyle Rice Jacqueline
Mar 21, 2006, 4:55 am
RE: tort costs Jennifer Smithson
Mar 20, 2006, 6:35 pm
tort costs not the same LL
Mar 20, 2006, 4:18 pm
insurance costs P&C Actuary
Mar 20, 2006, 3:25 pm
RE: RE: easy money for lawyers Rutherford
Mar 20, 2006, 3:03 pm
RE: Link on TrialLawyers.com?? Linda Fermoyle Rice
Mar 20, 2006, 2:46 pm
RE: U.S. Tort Costs Reach a Record $260 Billion Nick
Mar 20, 2006, 2:28 pm
Link on TrialLawyers.com?? LLCJ
Mar 20, 2006, 2:23 pm
RE: tort costs Linda Fermoyle Rice
Mar 20, 2006, 2:03 pm
RE: RE: tort costs Jacqueline
Mar 20, 2006, 1:21 pm
RE: tort costs Linda Fermoyle Rice
Mar 18, 2006, 5:11 pm
tort costs Nicholas I. Timko
Mar 18, 2006, 12:54 pm
RE: RE: RE: RE: RE: easy money for lawyers Johnson
Mar 16, 2006, 8:44 pm
RE: RE: RE: RE: easy money for lawyers Jacqueline
Mar 16, 2006, 6:30 pm
RE: RE: easy money for lawyers Johnson
Mar 16, 2006, 11:21 am
RE: RE: RE: easy money for lawyers Johnson
Mar 16, 2006, 11:17 am
RE: RE: easy money for lawyers Linda Fermoyle Rice
Mar 16, 2006, 11:04 am
RE: easy money for lawyers Linda Fermoyle Rice
Mar 16, 2006, 11:01 am
RE: easy money for lawyers Jacqueline
Mar 16, 2006, 3:42 am
RE: easy money for lawyers Johnson
Mar 15, 2006, 9:13 pm
easy money for lawyers Tony Mauhar
Mar 15, 2006, 6:52 pm
RE: RE: RE: easy money for lawyers Jacqueline
Mar 15, 2006, 5:23 pm
RE: U.S. Tort Costs Reach a Record $260 Billion bill
Mar 15, 2006, 4:13 pm
RE: RE: easy money for lawyers bill
Mar 15, 2006, 4:10 pm
RE: RE: easy money for lawyers bill
Mar 15, 2006, 4:08 pm
RE: easy money for lawyers John
Mar 15, 2006, 3:45 pm
RE: easy money for lawyers Lawyer who cares
Mar 14, 2006, 5:35 pm
RE: easy money for lawyers Linda Fermoyle Rice
Mar 13, 2006, 7:28 pm
easy money for lawyers LL
Mar 13, 2006, 6:48 pm
U.S. Tort Costs Reach a Record $260 Billion Linda Fermoyle Rice
Mar 13, 2006, 5:04 pm
U.S. Tort Costs Reach a Record $260 Billion tony mauhar
Mar 13, 2006, 12:40 pm
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