The Oklahoma Senate rejected a plan to cap plaintiff attorney fees, while voting to keep alive a Republican-sponsored bill to shake up the state’s civil justice system in an effort to curtail lawsuits. Senate President Pro Tem Glenn Coffee, R-Oklahoma …
Georgia Governor Sonny Perdue is proposing tort reform legislation intended to protect Georgia-based biotech companies from product liability claims. The proposed legislation would provide that Federal Drug Administration (FDA) approval is sufficient to protect against design defect and failure to …
The American Tort Reform Foundation’s (ATRF) annual Judicial Hellholes report, released on Dec. 16, sheds a spotlight on some of the worst judicial environments in the country and highlights the importance of fighting for a balanced civil justice system in …
The Florida Supreme Court has let stand a Broward County smoker’s $545,000 award in a tobacco case that also may affect liability claims for a broad range of other “inherently dangerous” products. Those items can range from guns, knives, motorcycles …
As 59-year-old Richard Krikalo lumbers through the office of a junkyard he helps manage, he bumps into a desk and clips a wastebasket with his right leg. Krikalo is almost blind in his right eye and has trouble with depth …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Reinsurance Company and its subsidiaries. Best also affirmed the debt ratings of “a+” on £300 million ($551 million) …
A researcher at the University of Iowa has found that tort reform laws do lower insurance premiums and save consumers money, though it depends on where the consumer lives. Ty Leverty, assistant professor of finance in the Tippie College of …
An “early offers” program in which medical malpractice and product liability lawsuits could be quickly settled would improve a tort system that is often slow, expensive and unfair, according to a new book co-authored by University of Virginia law professor …
A New York man who was initially awarded $76.4 million by a jury after he was shot and paralyzed by a police officer 20 years ago will now get nothing except a bill for $100 in court costs, the state’s …
An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general liability and …