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*Maine Editor Tipoffs Newsletter for 2024-12-02 ( 1 items ) |
U.S. Chamber of Commerce Institute for Legal Reform Issues Report Entitled 'Tort Costs in America - An Empirical Analysis of Costs and Compensation of the U.S. Tort System' (10)
WASHINGTON, Dec. 2 -- The U.S. Chamber of Commerce Institute for Legal Reform issued a 49-page report in November 2024 entitled "Tort Costs in America - An Empirical Analysis of Costs and Compensation of the U.S. Tort System."
Here are excerpts:
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Foreword
The costs of our lawsuit system are a hidden burden that affects every American, and that burden is growing. Costs and compensation paid in the U.S. tort system reached over $529 billion in 2022, or over $4,200 per U.S. household. That more ST
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