NEW REPORT : TORT LAWSUIT COSTS HIT MORE THAN $4 , 900 PER AMERICAN HOUSEHOLD

What happened: A U.S. Chamber of Commerce Institute for Legal Reform study estimates the U.S. tort litigation system cost $655.6 billion in 2025, or more than $4,900 per American household per year. Key numbers: $655.6 billion total tort costs in 2025, 2.12% of GDP; 7.8% annual growth since 2019, twice the pace of inflation; Florida tort costs fell from 3.35% to 3.11% of state GDP after 2023 reforms. Why it matters: The study says these costs surface in insurance premiums, health care, goods, and services, and that state reforms such as Florida's can reduce the relative burden.

A U.S. Chamber of Commerce Institute for Legal Reform study estimates the U.S. tort litigation system cost $655.6 billion in 2025, or more than $4,900 per American household per year.

The study says these costs surface in insurance premiums, health care, goods, and services, and that state reforms such as Florida's can reduce the relative burden.