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Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds
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Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds
MALVERN, PA — The Insurance Information Institute (Triple-I) released a new analysis estimating that motor vehicle tort cases filed between 2014 and 2023 generated $42.8 billion in excess litigation value nationwide, underscoring how rising legal activity is contributing to higher auto insurance premiums across the U.S. The study, based on data from the Federal Judicial Center and a curated sample of state court systems, highlights a significant…
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