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re: Insurance Lobbyist - Strategy (i.e., LIE) to Tie Lower Auto Insurance Rates to Tort Reform

Posted on 8/17/20 at 3:43 pm to
Posted by DevilDagNS
Member since Dec 2017
2954 posts
Posted on 8/17/20 at 3:43 pm to
The melt over tort reform, even in the watered down version of what was passed, has been interesting and comes almost exclusively form one group. Guess who?
Posted by doubleb
Baton Rouge
Member since Aug 2006
41681 posts
Posted on 8/17/20 at 3:51 pm to
quote:

he melt over tort reform, even in the watered down version of what was passed, has been interesting and comes almost exclusively form one group. Guess who?



Not the governor’s patrons, the plaintiff attorneys?
Posted by In The Know
City of St George, La
Member since Jan 2005
6289 posts
Posted on 8/17/20 at 4:05 pm to
So, what rights are were given up? From what I understand you and your bottom feeding clients can still sue insurance companies.
Posted by DevilDagNS
Member since Dec 2017
2954 posts
Posted on 8/17/20 at 4:23 pm to
quote:

Not the governor’s patrons, the plaintiff attorneys?


Those white knights protecting everyone's "rights" (accept maybe the right to a jury, or the right to not be liable for fake medical bills).

Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38963 posts
Posted on 8/17/20 at 4:29 pm to
Let me guess, this came from the Advocate...which is mostly advertised with by Injury Attorneys.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40182 posts
Posted on 8/17/20 at 4:31 pm to
I imagine it would take a while for the recently passed reforms to have any impact.

quote:

Once again, the guys and gals of Louisiana getting taken advantage of by big business, insurance companies, and politicians with complete falsehoods designed to get us to give up our rights for nothing in return.


Like every other thread... how is it that this sort of "giving up rights" works in the other 49 states but somehow it won't work in LA?
Posted by biglego
San Francisco
Member since Nov 2007
83000 posts
Posted on 8/17/20 at 4:33 pm to
quote:

More jury duty for everyone.

Not a Single drop in rates!



This bill may not have been the answer, but the chicken littles screaming about the jury trials should explain how the entire state of Texas manages to have jury trials for almost everything—even traffic court—and the system functions and people are not in jury duty every day.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40182 posts
Posted on 8/17/20 at 4:33 pm to
quote:

Insurance companies will just increase profit margins. So congratulations on providing the second set of private jets to the insurance company executives. Hooray!


That's ok... they deserve a second set before the ambulance chasers deserve a third set...
Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38963 posts
Posted on 8/17/20 at 4:35 pm to
LINK

quote:

“These rate decreases are further proof that increased competition in the state’s auto insurance market is continuing to bring about savings for our policyholders,” Commissioner Jim Donelon said in a statement. “When we see rate decreases from one of our top ten companies, it usually isn’t long for the rest to follow suit.”




So the Mouthpiece for the Injury Attorneys (The Advocate)puts this out, then the same day an actual news organization (WBRZ) puts this out.

You know what creates competition in the market? For companies to be able to make money. You know how insurance companies can make money? For people to stop suing the shite out of each other.
This post was edited on 8/17/20 at 4:36 pm
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112154 posts
Posted on 8/17/20 at 4:47 pm to
Because they didn't get rid of direct action and their collateral source "fix" is convoluted bullshite.
Posted by TigerGman
Center of the Universe
Member since Sep 2006
13392 posts
Posted on 8/17/20 at 4:54 pm to
quote:

This bill may not have been the answer, but the chicken littles screaming about the jury trials should explain how the entire state of Texas manages to have jury trials for almost everything—even traffic court—and the system functions and people are not in jury duty every day.


You'll have plenty time to figure out the difference while you're sitting for jury duty to hear a weeks worth of cases worth 10k.
Posted by dgnx6
Member since Feb 2006
85528 posts
Posted on 8/17/20 at 4:57 pm to
My lawyer friend posted this. And im tried of you fricking lawyers. You are the reason shite is like this. In a wreck need a check bullshite.

Insurance rates are so high because its bread into our fricking state to just just sue because they settle half the fricking cases.

Every time you go to a lawyers office trip over a chair and sue them for $30k. this is literally how pieces of shite in our state make money.

And in that article all it says is it might not do anything for rates. Nothing concrete there other then you piece of shite lawyers.
This post was edited on 8/17/20 at 5:00 pm
Posted by theronswanson
House built with my hands
Member since Feb 2012
3194 posts
Posted on 8/17/20 at 5:08 pm to
quote:

My lawyer friend posted this. And im tried of you fricking lawyers. You are the reason shite is like this. In a wreck need a check bullshite.

Insurance rates are so high because its bread into our fricking state to just just sue because they settle half the fricking cases.

Every time you go to a lawyers office trip over a chair and sue them for $30k. this is literally how pieces of shite in our state make money.

And in that article all it says is it might not do anything for rates. Nothing concrete there other then you piece of shite lawyers.


What a melt!
Posted by DevilDagNS
Member since Dec 2017
2954 posts
Posted on 8/17/20 at 5:13 pm to
quote:

You'll have plenty time to figure out the difference while you're sitting for jury duty to hear a weeks worth of cases worth 10k.


I wonder what defendant is going to pay to jury try a $10K case unless its on a genuine liability issue? I don't see it happening. The cases that will likely see more juries are those in the $25K-$50K range and even then, it will still be a cost consideration.
This post was edited on 8/17/20 at 5:23 pm
Posted by biglego
San Francisco
Member since Nov 2007
83000 posts
Posted on 8/17/20 at 5:55 pm to
quote:

You'll have plenty time to figure out the difference while you're sitting for jury duty to hear a weeks worth of cases worth 10k.




I live in Texas where jury trials are for everything. I’ve been summoned one time in 7 years and the venire was dismissed after two hours.

So again, tell me why Louisiana’s judiciary will collapse due to $10k PI cases when Texas manages jury trials for $10 PI cases plus traffic tickets and everything else.
Posted by TigerFanNSTC
Member since Sep 2019
80 posts
Posted on 8/17/20 at 7:40 pm to
So rates are decreasing before the law even goes into effect? And they decreased last year before the law was considered..,

So what is it...need more claims experience to gauge the effect of the reform or the reform really has no/minimal impact on rates?

Also interesting you complain about The Advocate being paid for by injury attorneys as advertisers yet don’t see a similar link between TV and all the insurer commercials...
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94675 posts
Posted on 8/17/20 at 7:57 pm to
quote:

I do appreciate their honesty after the fact though!



Once the litigation has an actual effect on insurers' actual bottom lines, it will lower auto insurance rates. We didn't get to #1 overnight - we're not going to get lower overnight, either.
This post was edited on 8/17/20 at 7:58 pm
Posted by saderade
America's City
Member since Jul 2005
26221 posts
Posted on 8/17/20 at 9:07 pm to
quote:

The number of wrecks Louisiana drivers have is right in line with the rest of the country as are the number of insurance claims to repair vehicles. But the number of claims for injuries in automobile accidents is about twice the national average, he said
This is problem number one.
Posted by TitleistProV1X
Member since Nov 2015
3627 posts
Posted on 8/17/20 at 9:19 pm to
Anyone else rather see the extra money going to Insurance Company execs over Gordon and Morris?
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17353 posts
Posted on 8/17/20 at 9:43 pm to
i have three 1m+ claims on-going.

2 auto
1 GL bodily injury

the 2 auto claims
- Bumper to bumper - travelers paid 1m for it to go away and they not go after excess
- side swipe - 5 vertebre and 2 lumbar. primary paid 1m, going after excess now. A frickING SIDE SWIPE

the BI claim was a kid on a vessel who hopped out of a bunk bed, fractured his ankle, and sued for the ship being unseaworthy.

if you're saying there isn't a problem with our legal system them you're just full of shite.


eta: it will take a lot more than tort reform to fix our problem. but saying the bill was pointless is just lazy bullshite from attorney and physician lobbyists.
This post was edited on 8/17/20 at 9:45 pm
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