Class Action Lawsuits and Lawyers
Those papers argued that four states do not provide a strong basis for comparison and that punitive damages could be serving their intended purpose of deterring the most egregious torts--which by definition are relatively rare--without having a discernable impact on overall injury rates.(15) Conclusions In short, the current state of data and economic analysis do not allow CBO to judge whether the costs of the tort system are efficient or excessive on the whole.(16) What is clear, however, is that those costs are large enough to be significant for the U.S.
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Attorneys and Legal Information
Thus, Tillinghast uses financial data from the insurance industry to estimate insured costs for all types of policies except medical malpractice insurance. (Those costs are estimated separately using the firm's proprietary database of state-level costs, controlling for the changing mix of insured versus self-insured providers.
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