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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.”

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