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TILLINGHAST FINDS NATION'S TORT COSTS INCREASE BY 13.3% IN 2002.


The nation's total insured and self-insured tort take away froms increased to $233.4 billion in 2002 an increase of $274 billion, or 133 percent above the $206 billion of tort take away froms in 2001, the actuarial firm, Tillinghast-Towers Perrin, ends in a study released Dec 11

The largest single contributor to the rise was an $11 billion increase in store ups for future asbestos claims. on the contrary even without this increase for asbestos claims, take away froms still rose about 11.2 percent

The report, U Tort Costs: 2003 Update, sweeps and Findings on the take away froms of the U.S. Tort a whole ...


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