US tort costs hit $580bn as casualty market feels the strain
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US tort costs hit $580bn as casualty market feels the strain

Nov 2nd, 2026 • 5 min • View Source

A new Triple-I and ILR report finds US tort costs growing at twice the pace of the economy, with commercial lines hit hardest

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.

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