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re: Excessive litigation costs the Louisiana economy $5.17B per year

Posted on 1/8/24 at 6:09 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37873 posts
Posted on 1/8/24 at 6:09 pm to
quote:

THIS is the perfect explanation of the issue with our system. I got hit by a guy WHO DROVE INTO MY LANE while I was driving one of my company vehicles. He started complaning of "back pain" as soon as they learned it was a commercial vehicle. My insurer settled for "policy limits" and told me I was on my own for excess awards if I didn't agree to the settlement. Dude and his lawyer and insurance lawyers all get a fat check. My rates increase by 40%. Total shite.


Were you at fault?? Why did your insurer pay anything?
Posted by PP7 for heisman
New Orleans
Member since Feb 2011
5894 posts
Posted on 1/8/24 at 7:04 pm to
quote:

Were you at fault?? Why did your insurer pay anything?

Yeah no chance this is accurate

You're paying policy limits on a commercial policy for an accident that's 50/50 liablity at best for the Plaintiff?

You either had the worst lawyer of all time, extremely low limits, or are lying.
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