News and Publications
Seminars and Services
Government Affairs
About NAMIC
|
|
Read
posted on March 14, 2006
U.S. Tort Costs Reach a Record $260 Billion, According to Tillinghast Study
Commercial Tort Costs Continue to Outpace Personal Tort Costs
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 of Towers Perrin. This surpassed the previous record set in 2003 by $16 billion. The 2005 Update analyzes U.S. tort costs from 1950 through 2004, with projections through 2007.
For free access to this article, you must be a registered user of NAMIC Online.
Not a registered user of NAMIC Online. Register today, it's free.Get access to complete news article archives, and have access to other special reports. Learn about the benefits of becoming a registered user. 
|
Latest Financial News
Fraud and Buildup Add 13 to 18 Percent in Excess Payments to Auto Injury Claims (11/25/2008)
Report: Local Agencies Provide a Higher Level of Service Satisfaction to Insurance Customers Than Do Call Centers (11/21/2008)
AIR Estimates Insured Losses from Southern California Wildfires Likely Range Between $600 and $800 Million (11/21/2008)
Receive State-specific Updates
Receive e-mail updates from NAMIC Online regarding the states of most interest to you. You will only receive an e-mail when new stories are posted, and only for those states you select. No new news...no e-mail.
= access available only to registered users from NAMIC-member companies