Discussing Louisiana tort reform continues as a popular political sport.
The current bill under consideration promises to lower car insurance premiums without reducing the rights of people that have been injured in card accidents. One question to ask is why are the insurance companies the ones pushing this legislation? They blame all their problems on personal injury lawyers. Big Insurance acts innocent and says trial lawyers are to blame for high insurance rates.
Bull.
When someone is seriously injured in an accident, the only way they will make any recovery at all is with the help of a personal injury lawyer. Trial lawyers are not the greedy ones. That moniker belongs to Big Insurance.
Here is the discussion. I am all for lower rates but not at the expense of seriously injured people.
“Legislation that supporters say will lower auto insurance rates and opponents contend will seriously limit an injured person’s ability to seek recompense through the courts cleared its last committee Tuesday, setting up a vote before the full House later this week.
Senate Bill 418 was amended and advanced by the House Civil Law & Procedure committee on a 10-5 vote.
If the measure clears the full House later this week, as expected, SB418 would have to return to the Senate for their agreement on the newly added language.
The session ends in a week, on Monday, June 1, at 6 p.m.
River Ridge Republican Sen. Kirk Talbot, the chief sponsor, said the legislation brings Louisiana into line with the way most other states handle civil trials, which insurance companies say need to be changed before they will do business in Louisiana.
“This system is not working for us,” Talbot said. “If we do nothing, I promise you, the rates will go up.”
Recent Comments