Fraud Costs NY

New York Has Dubious Distinction Of Second Worst Tort System In U.S.

The Capitol - Nov. 18, 2010

Editorial by Sen. James Seward -- Without a doubt, our current civil justice system is in dire need of reform. As the former chair and current ranking minority member of the Senate Insurance Committee, I am well aware of the disastrous effect that New York's generous tort laws have had on the insurance industry. The state's tort laws have resulted in skyrocketing insurance premiums and, in some instances, difficulties finding coverage at all.

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