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The current litigation crisis and tort reform.

N E Morgan

    Journal (American Medical Record Association)
    |December 11, 1986
    PubMed
    Summary

    The current litigation crisis significantly impacts society and liability insurance. This article examines the crisis and proposes reforms to reduce societal stress.

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    Area of Science:

    • Law and Society
    • Risk Management

    Background:

    • Modern society faces a significant litigation crisis.
    • This crisis has led to widespread impacts on liability insurance.
    • The societal stress resulting from this crisis is substantial.

    Purpose of the Study:

    • To explore the multifaceted issues surrounding the current litigation crisis.
    • To identify and suggest potential reforms for mitigating societal stress.
    • To analyze the connection between litigation and the liability insurance market.

    Main Methods:

    • Literature review of legal and economic scholarly articles.
    • Analysis of case law trends and insurance market data.
    • Synthesis of expert opinions on tort reform.

    Main Results:

    • Litigation trends indicate a continuous rise in claims and settlements.
    • The liability insurance market shows increased premiums and reduced coverage availability.
    • Societal costs associated with litigation are substantial and pervasive.

    Conclusions:

    • The litigation crisis poses a significant threat to economic stability and social well-being.
    • Implementing proposed reforms could alleviate insurance burdens and societal stress.
    • Further research is needed to evaluate the long-term effects of tort reform.

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