re: Predatory car wreck lawyers have skyrocketed insurance costs across the US.

quote:

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The only thing worse than the trial lawyers running up damages on frivolous suits are the insurance companies and their paid for politicians and lobbyists running up premiums on hard working customers

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Bull shite.

If the plaintiff attorneys couldn’t so easily shake down the insurance companies in Louisiana rates would come down. Louisiana is ranked nearly the highest in the country in insurance rates because of how plaintiff attorney friendly the laws are here.

You’re talking about an industry (auto insurance) that competes almost entirely on price. The insurance is going to make their money regardless in the form of raising rates. If they didn’t have to account for the ten of millions of dollars paid out in BS claims and litigation expenses the rates would come down naturally as the companies compete for business. Not to mention those same plaintiff friendly laws have chased carriers out of the state and keep potential carriers from coming in.