, first runner-up Aaron
Trites, 12, Omaha, NE, for his poster "Cutting Corners Can Save a Minute, But
Your Life is On the Line" and second runner-up Taylor NyBlom, 12, Plano, TX
for her poster "Save Lives !".

issues public

S. Administrative
expenses are identified separately in the report.
The study also states that ." This
statement is included in the report because litigated claims and the
legal system involve other areas beside tort claims, and not all tort
claims are litigated.

opportunity society

For more information and to find out how to
participate in NAOSH Week please go to http://www.

an education

S..towersperrin.

independent committed

Business Editors/Insurance Writers

STAMFORD, Conn.----In response to new
information published today on the economic impact of the U. tort system -- its costs..

nonpartisan growth

Washington Kentucky Nebraska Nevada Children Win National American Society of Safety Engineers 'Safety-on-the-Job' Poster Contest

ASSE has 30 ,000 occupational safety, health and
environmental professional members who manage, supervise, research and consult
on safety, health, transportation and environmental issues in all industries,
government , labor and education. We stand behind the report's data, its analysis and its
methodology, which the report clearly outlines. While Tillinghast
outlines why these are a real cost of the tort system , it takes no
position on the efficiency of the insurance industry's administrative
expenses. Areas of focus
include mergers, acquisitions and restructuring; financial and
regulatory reporting; risk, capital and value management; products,
markets and distribution; and financial modeling software solutions.

education issues

DES PLAINES, Ill.
For a copy of the NAOSH 05 poster contact customerservice@asse .
The methodology used in Tillinghast's report incorporates three
cost components: benefits paid or expected to be paid to third
parties, defense costs and administrative expenses. Tort Costs: 2004 Update and a "Corrections and
Clarifications" document addressing recent criticisms of the report
are available in the "Press Room" at www.com/tillinghast

independent education

Through its Tillinghast business , Towers
Perrin provides global actuarial and management consulting to
insurance and financial services companies and advises other
organizations on risk financing and self-insurance.

economic nonpartisan

virginia issues

org/naosh05 .
Tort Costs: 2004 Update report, the methodology of which has not
changed in 20 years, is published to provide neutral data on one
aspect of the U.

individual issues

org/naosh05 .

tort system.

economic an

We welcome any new data that shines
light on other aspects of the system or further enriches the current
debate .S.

policy v

The posters are judged by a
three-member independent panel.org or call
847-699-2929.

organization public

com/tillinghast

About Towers Perrin and Tillinghast

Towers Perrin is a global professional services firm that helps
organizations improve their performance through effective people, risk
and financial management.

education committed

Founded in 1911, the Des Plaines, IL-based ASSE is the largest and oldest
professional safety society and is committed to protecting people, property
and the environment. tort
system , the Tillinghast business of Towers Perrin issued the following
statement:
We welcome debate about the U.
The U. Together, these businesses have offices in 24
countries.

growth economic

S. The report makes no
conclusion about whether the costs of the system outweigh its benefits
or vice versa.
Tillinghast publishes the study to provide consistent and accurate
data to inform the policy debate.towersperrin.

issues committed

More information about Tillinghast is available at
www.

society institutes

The runners up, along with all entries , receive a gift certificate and
will have their posters displayed at the DOL.asse.asse. The study accumulates all of the costs of
damages awarded to injured parties as a result of the negligence of
others, including the costs that are embedded in the liability
insurance system and the claims that are settled out of court.

v individual

Tillinghast Issues Statement on U.S. Tort Costs; Corrections and Clarifications with Regard to Economic Policy Institute Report

The firm's other businesses are HR Services, which provides human
resource consulting, and Reinsurance, which provides reinsurance
intermediary services.

opportunity v

To view all the winning posters go to
http://www. Tillinghast's U."the costs tabulated in this study
are not a reflection of litigated claims or of the legal system.