tort reform News

Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates

Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance is increasing, said Chirag Shah, executive vice president, Casualty Reinsurance, at Willis Re. Low interest rates, economic volatility, social inflation …

Missouri Governor Signs Bill to Limit Lawsuits Against Businesses

Missouri Gov. Mike Parson on July 1 signed a bill that’s part of a business-backed effort to rein in lawsuits against businesses in the state. The law deals with lawsuits seeking money for injuries or other harm caused by businesses’ …

Louisiana Legislature Passes Auto Accident ‘Tort Reform’ Bill

Wrapping up a regular session shortened by the coronavirus pandemic, Louisiana’s Legislature gave the state’s business lobby a long-desired goal and one that Republicans made their signature push for the session: passage of a bill to change the rules for …

Louisiana Senate OKs Bill Aimed at Curbing Car Accident Lawsuits

The Louisiana Senate has agreed to change the rules for lawsuits over car wrecks, aiming to limit damage claims against insurance companies and other businesses. The Senate voted 29-8 for the bill by Republican Sen. Kirk Talbot of River Ridge. …

Legislation to Limit Car Accident Claims Advances in Louisiana

Louisiana’s Republican lawmakers have advanced proposals to limit damage claims against businesses in car wreck lawsuits, pushing ahead with the pre-coronavirus priority as Democrats argued the debate was inappropriate amid a pandemic. House and Senate committees approved “tort reform” measures …

Louisiana Suspends Legislative Session

Louisiana has suspended its 2020 regular legislative session until March 31. State senators, representatives, stakeholders and citizens with an interest in legislative proposals have been instructed by House and Senate leadership to work together remotely via phone and email on …

Louisiana Governor Backing Bills Prohibiting Discrimination in Insurance Rate Setting

There’s no doubt that auto insurance will be a dominant theme during this year’s legislative session in Louisiana. So far most of the buzz has been aimed at tort reform as a method of bringing down the cost of auto …

Louisiana Republicans, Business Aligned on Auto Insurance, Tort Reform

Business groups see an opportunity with the new, more conservative Republican-led Louisiana Legislature to gain traction on a top goal, to rein in civil lawsuits and damage awards against them. GOP lawmakers have made the idea their top priority for …

Auto Insurance Reform, Minimum Wage Hike on Louisiana Governor’s Legislative Agenda

Gov. John Bel Edwards said on March 2 that he would renew his fight to raise Louisiana’s minimum wage in the upcoming legislative session, but he offered little insight into whether he would agree to Republican demands to rewrite the …

Missouri Senate Backs New Limits on Punitive Damages

Missouri’s Republican-led Senate swiftly advanced a bill tightening standards for punitive damages in liability lawsuits after an all-night filibuster by Democrats successfully blocked a separate bill limiting lawsuits over asbestos-related illnesses. Democrats, who had opposed previous versions of the punitive …