Tillinghast Issues Statement on U.S. Tort Costs; Corrections and Clarifications With Regard to Economic Policy Institute Report

In response to new information published today on the economic impact of the U.S. tort system, the Tillinghast business of Towers Perrin issued the following statement: We welcome debate about the U.S. tort system. While Tillinghast outlines why these are a real cost of the tort system, it takes no position on the efficiency of the insurance industry’s administrative expenses. the costs tabulated in this study are not a reflection of litigated claims or of the legal system.”….

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