What does “lawsuit abuse” cost families?
A full-page ad in the Wall Street Journal, Chicago Tribune, and Washington Post by the U.S. Chamber Institute for Legal Reform (a pro-business group) suggests that lawsuit abuse costs the average American family $3,520.
That is the alleged increase in cost of goods ad services due to these lawsuits. This figure was determined by Tillinghast (part of consulting firm Towers Perrin) after an analysis of A.M Best insurance data. Critics say this study included all lawsuits, and not just the ones that may have been fivilous, so it’s an unfair figure
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