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the american legal system is out of control, rising liability costs place a crippling burden on american businesses and have strained the ability of insurers to meet demand for liability All 50 States Insurance coverages, legislative tort reform, both at the state and federal levels and rigorous risk management are needed, the insurance information institute, aig and the insurance company.

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Alabama u,s, chamber of commerce have jointly developed the attached white paper: tort excess 2005 - the necessity for All 50 States Insurance reform from a policy, legal and risk management perspective, the paper is broken into three parts: 1, survey of the All 50 States Insurance litigation environment 2, the impact of tort abuse.

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(on the businesses, consumers, the alabama life insurance company economy, insurance buyers and the insurance industry) 3, suggested reforms and risk management techniques (i,e,, specific changes in federal law that would cut down on abuse as well All 50 States Insurance as recommendations for businesses as to how they can create an effective insurance program that will protect them against enormous and unpredictable liability losses).

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