America's Ongoing Tort Litigation Nightmare

Posted on January 19th, 2012
Author: Matt Kibbe | Source: Forbes

When companies break the law or produce a defective product, they should, and are, held accountable. But the problem with our nation’s tort system is that so often companies are punished when they haven’t done anything wrong – sometimes to the tune of tens of millions of dollars. And the problem is only getting worse. Tort litigation costs Americans more than $250 billion, that’s the equivalent to 2.2 percent of GDP and roughly $838 per person, according to Towers Watson.

Read full article

Visit Project Lawsuit Abuse
Project Lawsuit Abuse is an online forum to discuss one of the biggest problems ailing our economy and health care system: lawsuit abuse.