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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: RE: easy money for lawyers

Posted On: March 15, 2006, 3:45 pm CST
Posted By: John
Comment:
This is not a study of the efficacy of the protections the civil justice system provides. It's a study of all the costs incurred by the entire insurance industry (including non tort items like big fat pay checks for the high powered execs.) to make their huge profits. $260 billion in costs in a trillion dollar industry. I'm supposed to feel sorry for these big corporations and give up my rights. Hey, if they think the countries that limtit civil rights are so great, they can move there. Get real. Once again the insurance industry trots out its propaganda! Create a phony crisis, blame a particular group of people and then start taking people's civil rights. Where have I heard that before?
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U.S. Tort Costs Reach a Record $260 Billion Linda Fermoyle Rice
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