1. The number of tort cases in U.S. district courts decreased by79% between 1985 and 2003.
2. The number of civil trials in state courts fell 47% between 1992 and 2001 3. The number of tort cases in state courts dropped 32% between 1992 and 2001 4. The median inflation-adjusted award in all tort cases dropped 56.3% between 1992 and 2001
Proponents of “tort reform” have pointed to the notorious frivolous lawsuits in the news. They have cited a study by a insurance consulting firm claiming that consumers bay a $200+ billion cost for the legal system. The Congressional Budget Office, Business Week and the Economic Policy Institute have all produced data disproving the insurance company promoted study. The studies reveal that the numbers put forth are not supported, the cost estimates include the millions of dollars in insurance industry profits and over exaggerate the impact of the tort system while ignoring its benefits and promoting the limitation of Americans’ legal and Constitutional rights.
Click here for the full article