Events | 2012.01.27
Deepwater Horizon Disaster Pushes Increase in U.S. Tort Costs in 2010, According to Towers Watson Study
NEW YORK--(BUSINESS WIRE)--The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1% increase in U.S. tort costs in 2010, according to the 2011 Update on U.S. Tort Cost Trends from global professional services company Towers Watson (NYSE, NASDAQ: TW). Absent the costs from that event, tort costs would have shown an overall decrease of 2.4% for the year, the findings indicated. In total, the U.S. tort system cost $264.6
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