class actions, disabled rights, copyright, attorneys general, online speech, law schools, obesity, New York, mortgages, legal blogs, safety, CPSC, pharmaceuticals, patent trolls, ADA filing mills, international human rights, humor, hate speech, illegal drugs, immigration law, cellphones, international law, real estate, bar associations, Environmental Protection Agency, First Amendment, insurance fraud, slip and fall, smoking bans, emergency medicine, regulation and its reform, dramshop statutes, hotels, web accessibility, United Nations, Alien Tort Claims Act, lobbyists, pools, school discipline, Voting Rights Act, legal services programs
   
   
 
   

FORUM

« Featured discussion now complete | ABA on jury reform, cont'd »

January 25, 2005


$1,000 per American citizen

That's what the nation's liability insurance bill could cost by 2006 on current trends, says Tillinghast-Towers Perrin. The current size of the liability insurance market and related self-insurance is estimated at $245.7 billion or $845 per person, or more than $3300 per family-of-four; medical malpractice insurance made up $26.5 billion of that. In an acknowledgment of its significance, the litigation lobby has been conducting an amusingly hysterical campaign against the Tillinghast data series, claiming that the numbers "have no connection whatsoever to the costs of lawsuits, litigation or the courts" and "are completely irrelevant to any discussion of the civil justice system". See this, this, etc.

Posted by Walter Olson at 12:03 AM | TrackBack (0)



categories:
Statistics/Empirical Work









 

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.