The U.S. civil litigation system is growing less hostile to corporate defendants and their insurers, according to a report released today by reinsurance intermediary Guy Carpenter in New York.
According to the study, "Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry," recent legislative and judicial developments have given business a more level playing field with the plaintiffs' bar.
But there's still potential of expanding liability theories to produce future problems for insurers, although not as big as asbestos injury claims, the report said.
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