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US tort costs increased less than GDP in 2008

16 December 2009

US tort costs increased by 1.1% in 2008, according to a Towers Perrin 2009 report on US tort cost trends.

Read more: tort directors' and officers' liability D&O

US tort costs increased by 1.1% in 2008, according to a Towers Perrin 2009 report on US tort cost trends. This marks the fifth consecutive year of a decline in the ratio of tort costs to GDP, which grew 3.3%.

The US tort system cost $838 per person in 2008 compared with $836 per...


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