Liability Risk and Insurance
Tillinghast responds on US Tort Costs
Tillinghast has responded to the comments on the economic impact of the US tort system, by stating that it welcomes debate
about the US tort system. It says, “Tillinghast’s ‘US Tort Costs: 2004 Update’ report, the methodology of which has not changed
in 20 years, is published to provide neutral data on one aspect of the US tort system — its costs. The report makes no conclusion
about whether the costs of the system outweigh its benefits or vice versa.”