Tech Lawsuits, Insurance Costs EscalateAs Does Cost Of Doing Nothing

Medical malpractice is huge. Total national costs can run from $17 billion to $29 billion a year, according to one 1999 estimate from the Washington-based Institute of Medicine.

Technology malpracticeyes, there is such a thingis big, too. Although no one has tabulated the total costs, individual cases are running into the hundreds of millions of dollarsastronomically higher than any single case of medical malpractice.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.