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US to tackle tort costs from both sides

The cost of the US tort system means it has become a key issue for President Bush's second term - but while a new report says costs continue to rise, others believe inefficient insurance companies are to blame

US tort costs reached a record $246bn in 2003, or approximately $845 per person, according to 'US Tort Costs: 2004 Update' from Tillinghast.

This, it argues, represents a 5.4% increase in tort costs

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