Wire report
Viewpoint: Tackling the Threat of Legal System Abuse
Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from & 8230;
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Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from & 8230;
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What happened
According to Insurance Journal’s source item, Viewpoint: Tackling the Threat of Legal System Abuse, Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
Context
The development sits in VINI’s Markets file for readers following markets, companies, finance, insurance, public policy, and economic signals. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-27T05:13:28+00:00.
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Source
Primary source: Viewpoint: Tackling the Threat of Legal System Abuse via Insurance Journal. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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