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Federal report warns of rising ‘tort tax’

whysavetoday by whysavetoday
October 31, 2025
in Insurance
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Federal report warns of rising ‘tort tax’
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“The Federal Insurance coverage Workplace’s 2025 Annual Report underscores the rising pressures dealing with the property-casualty insurance coverage sector, with an emphasis on the influence of authorized system abuse,” stated Sam Whitfield, senior vice chairman of federal authorities relations and political engagement on the American Property Casualty Insurance coverage Affiliation (APCIA). “These elements are driving up prices for insurers and, in the end, for households, who are actually paying considerably extra for protection.” 

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Tags: FederalReportRisingTaxTortwarns
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