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Message
Louisiana may now rest easy- the torts have been reformed
Posted on 6/30/20 at 7:12 pm
Posted on 6/30/20 at 7:12 pm
LINK
LINK
LINK
Strange bill all around, $10,000 jury threshold but no 2 year prescription. Collateral source limited, but presumption Plaintiff gets 40% of difference as cost of procuring health insurance.
I think LABI got their big items, and I rather the Governor to have signed the other bill Talbot fricked up on. Alas, we now have tort reform. Let the rate decreases flow and get ready for Amazon HQ3. We are now the Mecca of business and industry.
I’m tired from a long day of bankrupting mom and pops and I’m gonna hang with my daughter, but discuss amongst yourselves.
LINK
LINK
Strange bill all around, $10,000 jury threshold but no 2 year prescription. Collateral source limited, but presumption Plaintiff gets 40% of difference as cost of procuring health insurance.
I think LABI got their big items, and I rather the Governor to have signed the other bill Talbot fricked up on. Alas, we now have tort reform. Let the rate decreases flow and get ready for Amazon HQ3. We are now the Mecca of business and industry.
I’m tired from a long day of bankrupting mom and pops and I’m gonna hang with my daughter, but discuss amongst yourselves.
This post was edited on 6/30/20 at 7:16 pm
25
Posted on 6/30/20 at 7:14 pm to boosiebadazz
I like Apple Torts the best.
Posted on 6/30/20 at 7:15 pm to boosiebadazz
I like pop torts....strawberry of course.
Posted on 6/30/20 at 7:21 pm to boosiebadazz
Why no 2 year prescription? That seems like a no brainer. Many suits would not have to be filed
Posted on 6/30/20 at 7:27 pm to boosiebadazz
Does this mean y’all are going to have to practice real law now?
Posted on 6/30/20 at 7:27 pm to boosiebadazz
So my State Farm bill will go down by what %?
Posted on 6/30/20 at 7:46 pm to boosiebadazz
Looks like they aren’t repealing the direct action statute anymore either.
Posted on 6/30/20 at 7:55 pm to boosiebadazz
quote:
2 year prescription
I don’t understand how people could be against this. It would instantly reduce litigation while also not diminishing anyone’s rights.
Posted on 6/30/20 at 7:56 pm to boosiebadazz
Why do you pricks always insist on speaking legalise on the board as if we’re all losers that had to go to law school because we couldn’t get undergrad degrees that got us jobs right after fmgraduation.
Posted on 6/30/20 at 7:56 pm to boosiebadazz
Let’s have a reminder to revisit this thread in a year and see how this pans out. I doubt that the average Louisiana driver will see any noticeable difference in their premiums.
Congratulations Louisianans. Giving up rights so multi billion dollar companies can make more profits.
Congratulations Louisianans. Giving up rights so multi billion dollar companies can make more profits.
This post was edited on 6/30/20 at 9:14 pm
Posted on 6/30/20 at 8:16 pm to boosiebadazz
quote:
Collateral source limited, but presumption Plaintiff gets 40% of difference as cost of procuring health insurance.
Explain
Posted on 6/30/20 at 8:18 pm to boosiebadazz
I wonder how this affect commercial auto. I doubt any, as the lawyers still need those big limits to profit off of. Jon Bel wouldn’t dare limit the earning power of the attorneys.
Posted on 6/30/20 at 8:19 pm to boosiebadazz
I like tortles!
Posted on 6/30/20 at 8:26 pm to boosiebadazz
quote:
Let the rate decreases flow
Yeah, I'm not holding my hand over my butt waiting for that to happen...
Posted on 6/30/20 at 8:41 pm to boosiebadazz
The 2 year prescriptive period is the thing that made the most sense of all the proposals 
Posted on 6/30/20 at 8:47 pm to boosiebadazz
(no message)
This post was edited on 6/30/20 at 8:48 pm
Posted on 6/30/20 at 8:58 pm to boosiebadazz
quote:
Let the rate decreases flow
This won’t affect rates in any meaningful way
Posted on 6/30/20 at 9:10 pm to boosiebadazz
The lowering of the amount in controversy to $10,000 to obtain a jury trial is the most important aspect in all of this. Louisiana is and has been the outlier in this regard in civil litigation for 100 years. Go look at the other states‘ jury thresholds.
Posted on 7/1/20 at 7:14 am to boosiebadazz
Most of us don’t know the terminology.
Prescriptive period = statute of limitations Or period to which we have to file a lawsuit. for arguments sake, Currently, Louisiana gives you one year to file a tort lawsuit from date of accident . Now it will go to 2 years. Tort means a wrongful act by someone else to cause you harm.
Prescriptive period = statute of limitations Or period to which we have to file a lawsuit. for arguments sake, Currently, Louisiana gives you one year to file a tort lawsuit from date of accident . Now it will go to 2 years. Tort means a wrongful act by someone else to cause you harm.
Posted on 7/1/20 at 8:01 am to boosiebadazz
It's tort light, the bill Edward's vetoed was better, until he had his cronies submit a flawed last second amendment- so he could veto. Wasnt Talbot that screwed it up, it was done by our illustrious governors lawyer/legislative buddies. This bill was compromise with as much as he would sign - prescriptive period, Edwards specifically said he would veto.
I'll take it, we are on base with a single and can hopefully strengthen in the future. This wont lower rates today, but it already has attention of some insurance companies who are now considering moving back into the LA market.
I'll take it, we are on base with a single and can hopefully strengthen in the future. This wont lower rates today, but it already has attention of some insurance companies who are now considering moving back into the LA market.
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