“The purpose of this study is to compare liability costs a phrase used here to describe the costs of claims, whether resolved through litigation or other claims resolution processes as a fraction of GDP across Europe, the U.S. and Canada. General liability insurance sold to companies provides a basis for comparison because it covers similar types of liability costs in each country. We separate out any cost differences due to the mix of business, spending on government social programs, and private health care costs in each country. By controlling for non-litigation-related factors, we have developed internationally comparable estimates of liability costs that reveal how much more expensive the most costly countries legal environments are than the rest.”
Sabrina is also the solo Editor, Publisher and Founder of LLRX.com® – Legal, technology and knowledge discovery resources on the “moving edge” for Librarians, Lawyers, Researchers, Academic and Public Interest Communities – launched in 1996.