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re: Excessive litigation costs the Louisiana economy $5.17B per year
Posted on 1/8/24 at 7:03 pm to Slippy
Posted on 1/8/24 at 7:03 pm to Slippy
quote:
States where judges are appointed rather than elected do not have as many problems with nuclear verdicts, and the plaintiff’s bar is not the state’s biggest industry.
Not according to this insurance industry funded lobbying publication:
LINK /
quote:
Florida, California, and New York produced the most nuclear verdicts in the study period, with a combined 575 verdicts worth over $10 million;
Noneconomic damages are typically the largest component of a nuclear verdict—in fact, i
All three of those states have appointed judges.
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