You and alcaray pointed out what I should have realized myself about insurance companies investing their capital. The same is no doubt true for pension funds. Now if they invested in equity...ouch.

Despite being accused of an "anti-lawyer rant," the economic drain on American from unreasonable litigation is real. An article in the Financial Times about America's economic problems lists some of the reasons:

...Weak economic growth, corporate scandals, bankruptcies, profit warnings, dividend cuts, asbestos litigation scares, the forced selling of equities, volatility and fears of deflation and conflict in the Middle East have all conspired to spook markets.

Note what's sitting there right in the middle with Mideast war and corporate scandals. The asbestos litigation scam has long ago passed the boundaries of any reasonable connection between the plaintiff's health and asbestos, with nearly molecular traces of asbestos being enough to set off the process.

Please read the article I linked. Alcaray claims I changed the original subject of drug costs, but the article addressed the pharmaceutical/liability issue at length.