re: Louisiana losing Insurance Carrier vs Florida

quote:

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Tort reform in Louisiana drafted and passed by plaintiff lawyers.

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That’s the hard truth. Reducing the cost of insurance means you’ve got to reduce the money being paid out. That means money that would have otherwise gone into the pockets of plaintiff lawyers and their clients. Unless Gordon and the rest start making less money and have to cut back, nothing has been reformed. Last I checked, they’re still going strong, doing everything they can get extract the full policy limits from every claim. Who’s going to stop them, their plaintiff lawyer buddies who got into politics? The former plaintiff lawyer judges elected with contributions from their plaintiff lawyer buddies? Prolly not.