Tort Reform News

Racicot Comments: Miss. Lawsuit Overshadows Katrina Recovery

The unprecedented devastation along the Mississippi Gulf Coast wrought by Hurricane Katrina has prompted an outpouring of public and private resources to communities and individuals who have lost everything, Governor Marc Racicot, American Insurance Association president said in an opinion-piece …

Unrestrained Litigation Threatens Miss. Judicial System, Insurers Contend

While slow but steady progress is being made in improving Mississippi’s judicial climate, the good news is tempered by the threat to the state from unrestrained litigation in the wake of Hurricane Katrina, according to the American Insurance Association. A …

Tort Reform Measures Advance in Florida, Pennsylvania

Hard fought victories have been achieved as tort reform legislation in Florida and Pennsylvania took significant steps forward, according to the Property Casualty Insurers Association of America. The Florida House sent to the Senate legislation (HB 145) that removes exceptions …

Ill. Insurance Dept. Orders Med-Mal Rate Break for Some Physicians

Using a new law designed to lower doctors’ costs, state regulators on Tuesday ordered Illinois’ major malpractice insurer to start bringing down rates next year and open itself to more public scrutiny. ISMIE Mutual Insurance Co. criticized the order as …

Tillinghast Study: U.S. Tort Costs Reach a Record $260 Billion

U.S. tort costs reached a record $260 billion in 2004, or approximately $886 per person, according to the U.S. Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in …

Wis. Senate Passes Med-Mal Reform Bill, Awaiting Governor’s Signature

The American Insurance Association and the National Association of Mutual Insurance Companies are praising the recent actions of the Wisconsin Legislature in their passage of major tort reform legislation. The Legislature this week sent Gov. Jim Doyle a bill that …

Trio of Insurer-Supported Bills Introduced in Georgia Legislature

The Independent Insurance Agents of Georgia suggested three bills that have been introduced to the Georgia Legislature to address Certificates of Insurance for subcontractors and workers’ compensation issues. According to an IIAG spokesperson, Rep. Mike Coan, Lawrenceville agreed to introduce …

ATRA Urging Mich. House Committee to Keep State a Leader in Tort Reform

The American Tort Reform Association (ATRA) testified this week before the Michigan House Committee on Tort Reform, urging lawmakers to help the state retain its reputation as a leader in the national legal reform movement by continuing to push for …

ATRA: Milwaukee Bar Assoc. Exploits High Court Decision; Healthcare at Risk

The American Tort Reform Association (ATRA) recently urged Wisconsin legislators and the governor to restore limits on noneconomic damages for medical liability lawsuits in light of the Milwaukee Bar Association’s promotion of a seminar designed to teach plaintiffs’ lawyers on …

Medical Protective Lowers Rates for Texas Physicians

Medical Protective, a Texas admitted primary medical professional liability insurer, will reduce rates another 6 percent effective July 1, 2006. This reduction comes on the heels of two other decreases in the last 12 months, reducing malpractice premiums of Texas …