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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 7:16 pm to tigerbutt
quote:
I like pop torts....strawberry of course.
I'm a huge flan of pop torts.
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 7:35 pm to Twenty 49
0.35%
Posted on 6/30/20 at 7:37 pm to spslayto
quote:
Why no 2 year prescription? That seems like a no brainer. Many suits would not have to be filed
no 2-year prescriptive period means this isn't about lowering rates and is more about punishing plaintiffs
Posted on 6/30/20 at 7:43 pm to SlowFlowPro
Lol how was 40% arrived at? All this will do is have Chiros agreeing to hold bills And not run through insurance even more in demand. Chiros are the winners here.
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 7:50 pm to Twenty 49
quote:
So my State Farm bill will go down by what %?
Drop them for making Jake black, they ruined a great commercial
Posted on 6/30/20 at 7:53 pm to SlowFlowPro
quote:I think it would be good for all including the insurance companies. More of a chance to settle before suit has to filed and litigation expenses start. And good for the plaintiffs themselves because most plaintiff attorney's percentage taken under their contingency fee contract increases once suit has to be filed.
no 2-year prescriptive period means this isn't about lowering rates and is more about punishing plaintiffs
Posted on 6/30/20 at 7:53 pm to goofball
quote:
I like Apple Torts the best.
Sachertorte is hands down the winner. Especially if eaten in Vienna. Sehr gut.
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 8:03 pm to theronswanson
This will not move the needle on rates. It may cause plaintiffs more delays getting on the docket for trial. Also will help defense attorneys get more claims as the ins co play with their new found toy. At the end of the day it doesn't do a whole lot. The state needs to really crack down on all the bums driving with NO insurance coverage at all. This is what is really driving the stupid rates.
Posted on 6/30/20 at 8:10 pm to iron banks
We aren’t serious about no insurance in LA. We aren’t serious about much. See DUI and the pre trial scheme with DAs. What a joke.
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
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