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Louisiana is held hostage by the plaintiffs attorneys
Posted on 6/25/24 at 6:20 pm
Posted on 6/25/24 at 6:20 pm
It's abundantly clear that the plaintiff attorneys will continue to have their grip on the highest levels of elected office in the state. If the current state of things continue, I'm not sure we will ever have another governor that isn't highly indebted to their lobby for the campaign funds. And then obviously, there are countless state legislators that have their campaigns funded by the same attorneys.
All of us that carry insurance (both auto and real estate) in Louisiana pay the never ending ransom via our premiums. If we could just get tort laws in this state that were close to the standard of other surrounding states, we would be fine.
Since there doesn't seem to be a conventional way via the political system to loosen the influence of this attorney group, could there be a less conventional public campaign to just shame these guys to the point where the politicians don't feel compelled to do their bidding? I'm thinking political ads like you see during campaign season, but just relentless in shining light on the entire Industry and the way they take advantage of the system.
All of us that carry insurance (both auto and real estate) in Louisiana pay the never ending ransom via our premiums. If we could just get tort laws in this state that were close to the standard of other surrounding states, we would be fine.
Since there doesn't seem to be a conventional way via the political system to loosen the influence of this attorney group, could there be a less conventional public campaign to just shame these guys to the point where the politicians don't feel compelled to do their bidding? I'm thinking political ads like you see during campaign season, but just relentless in shining light on the entire Industry and the way they take advantage of the system.
This post was edited on 6/25/24 at 6:31 pm
15
Posted on 6/25/24 at 6:22 pm to Brightside Bengal
Rent free?
Posted on 6/25/24 at 6:38 pm to OTIS2
quote:
Rent free?
They actually pay a lot for their place. So I guess that means that the rent isn’t free, and they are paying.
Posted on 6/25/24 at 6:39 pm to OTIS2
I is gonna go to Morris Bart's. He be's gonna gets my monies
Posted on 6/25/24 at 6:41 pm to OchoDedos
IYKYK
Posted on 6/25/24 at 6:42 pm to OTIS2
quote:
Rent free?
Free? That rent is some of the highest premiums in the nation.
Posted on 6/25/24 at 6:55 pm to Brightside Bengal
Politicians are indebted to them because there is Jack shite in terms of other industry
This post was edited on 6/25/24 at 6:55 pm
Posted on 6/25/24 at 6:55 pm to Brightside Bengal
Wait, Louisiana is a corrupt state? You gotta be fricking kidding me.
Posted on 6/25/24 at 6:56 pm to NIH
quote:
there is Jack shite in terms of other industry
Plants, ports, and petroleum?
Posted on 6/25/24 at 7:01 pm to NIH
quote:
Politicians are indebted to them because there is Jack shite in terms of other industry
Which (in regards to oil and gas) is a result of the trial lawyers.
Posted on 6/25/24 at 7:42 pm to Brightside Bengal
quote:
If we could just get tort laws in this state that were close to the standard of other surrounding states, we would be fine.
It would take educating the idiot voters in this state exactly what’s going on and why they should hold the elected representatives feet to the fire on this. People understanding/paying attention to the issues, and not chasing after the proverbial ball is the biggest problem. Case in point, idiots have been arguing for days over the Ten Commandments nonsense. I’m convinced Landry did that for no other reason than to distract people from him vetoing the fort reform bill. He knows 100% that’s not going to stand and he can just shrug his shoulders and say “ I tried”. Meanwhile the lawyers can continue to rob us blind.
Posted on 6/25/24 at 7:45 pm to Brightside Bengal
Consider it an NIL tax now I guess. If Gordon goes down…
Posted on 6/25/24 at 7:51 pm to Brightside Bengal
Do you seriously think the plaintiff’s attorney lobby is outspending LABI?
Posted on 6/25/24 at 7:54 pm to HughsWorkPhone
quote:
Consider it an NIL tax now I guess. If Gordon goes down…
If Gordon goes down, maybe we’ll get some actual businesss that want to set up shop in this state.
Posted on 6/25/24 at 8:03 pm to Dixie Normus
quote:
Do you seriously think the plaintiff’s attorney lobby is outspending LABI?
It helps that a ton of the legislations are attorneys….
Posted on 6/25/24 at 8:30 pm to Brightside Bengal
quote:We have that here in Texas. But we are held hostage to the insurance companies.
If we could just get tort laws
My policy last year covered a $635k valuation on my home and was $2800 for 12 months. They are dropping me, not because of a claim. (I've not had one since 2007), but because my valuation went up to over $800k and (they say) that exceeds their underwriting rules "unless they also cover the autos". Okay, fine. How much for autos? (My policy is currently $3150 every six months but was going up to $3650 because I hit a huge pothole at 65mph and it caused $4k in claims damage).
The homeowners insurer "We are Farmers! Fu-fu-fu-fu...frick you!" came back with $5800 on the house and $8800 on the autos (X2) for a total of $23,400 where last year it was $9100 in total.
Here comes the kicker. Every insurer has raised rates between 40% - 80%, but the state and the politicians turn a blind eye to it. This is the penalty, the flip side of a "pro business state".
With property taxes, they can only raise them so much, but Texas is very hands-off with insurance companies and have allowed them to rape consumers in Texas.
But wait, there's more!
All the name insurers agents are not quoting me new policies because my roof is too old. It was put on in 2009. I put on a 35-year warranted shingle. I just had a roofer come out and climb up on my roof and when he came down he said, "There is no physical reason to put on a new roof. It looks like it's only 3-4 years old. There's no hail damage and very little granular loss. You'd be throwing your money away to put on a new roof."
But that's what the insurance agents are telling me I need to do in order to get insurance. WTF?
S
Posted on 6/25/24 at 8:36 pm to TJG210
Nah, it is the big, bad insurance companies. The lawyers are the knights in shining armor. When you have such a poor population, every little $2000 to $4000 fender bender results in a $30,000 payout to the so called injured. Dems a lot a money for a welfare state.
Posted on 6/25/24 at 8:38 pm to Brightside Bengal
quote:
Louisiana is held hostage by the plaintiffs attorneys
What would you suggest?
Everyone hates on plaintiffs attorneys until you have a huge company refusing to pay you what you're owed
Posted on 6/25/24 at 9:01 pm to BlueFalcon
quote:
Everyone hates on plaintiffs attorneys until you have a huge company refusing to pay you what you're owed
Spare everyone your bullshite. You know damn well the practices that people are fed up with.
This post was edited on 6/25/24 at 9:03 pm
Posted on 6/25/24 at 9:05 pm to BlueFalcon
quote:
What would you suggest?
Cut out the giant windfalls for plaintiffs/attorneys that extend beyond actual damages. And by damages, accurate and legit ones that aren’t trumped up by crooked doctors being paid by the attorneys.
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