re: The Louisiana legislature is a joke...heads need to roll

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What was the bill?

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House Bill 372 addressing costs passed the house floor with a 69-30 vote.

River Ridge representative Kirk Talbot proposed the bill which creates the Omnibus Premium Reduction Act of 2019.

The bill addresses some of the factors that go into Louisiana having the highest insurance rates in the country.

When asked if this bill would benefit drivers, local attorney Glen Armentor said, “No, it is worse for everyone.”

The abstract of the bill that just passed the house floor addresses four points. The bill proposes to increase the time in which you can file a lawsuit from one year to two. Second, the bill would reduce the threshold for a jury trial to $5,000. The current threshold is set at $50,000. The proposed bill would also reduce damages for amounts paid from collateral sources. Lastly, it would repeal the right of direct action against an insurer.

Armentor says there is no specific language or guarantee that rates will drop.

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