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re: Louisiana may now rest easy- the torts have been reformed

Posted on 7/1/20 at 11:44 am to
Posted by PoBoy1
Member since Mar 2014
516 posts
Posted on 7/1/20 at 11:44 am to
quote:

The insurance companies will have to put up a $5,000.00 cash bond to get a jury trial on a $10k case. Ain't happening. There's enough poison pills in this bill that it wont have much of an effect on anybody.


Not in every instance, as I read it. Plaintiff must stipulate his case is between $10K and $50K to require defendant to post $5K cash bond (within 60 days of requesting jury).
Posted by TigerGman
Center of the Universe
Member since Sep 2006
14079 posts
Posted on 7/1/20 at 7:23 pm to
quote:

You can't waive the jury without consent of the insured. You can't tell the insured to take a bench trial because of the cost.


Why not? They don't need consent to settle...
Posted by Jim Rockford
Member since May 2011
106150 posts
Posted on 7/1/20 at 10:15 pm to
Gordon just doubled down with a new commercial fwiw.
Posted by boosiebadazz
Member since Feb 2008
86474 posts
Posted on 7/1/20 at 10:19 pm to
Link
Posted by Jim Rockford
Member since May 2011
106150 posts
Posted on 7/1/20 at 10:20 pm to
It was on tv
Posted by boosiebadazz
Member since Feb 2008
86474 posts
Posted on 7/1/20 at 10:23 pm to
I wanna see it. This was a direct shot at he and Morris. I’m sure he’ll clutch Penny the grand dog tight and smile those pearly whites like his overextended life depended on it.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 7/1/20 at 10:24 pm to
When insurance rates don't go down what will be the excuse?
Posted by rumproast
Member since Dec 2003
12475 posts
Posted on 7/1/20 at 10:26 pm to
Anybody who thinks auto rates are gonna go down due to tort reform has their head up their rear end. Only thing that will changenis the bottom line for insurance ceo's. They thank you for your naivety.
Posted by SVGSZN4408
Lafayette
Member since Jan 2017
116 posts
Posted on 7/2/20 at 12:39 pm to
quote:

Lol how was 40% arrived at?


Wild guess - but the 40% lines up with the typical 40% contingency fee that most plaintiff lawyers require in personal injury cases.

Attorney's fees are only allowed by contract or by statute. Did the legislature essentially just authorize attorney's fees in personal injury cases by statute?
Posted by Northshoretiger87
Member since Apr 2016
4957 posts
Posted on 7/2/20 at 3:20 pm to
What an utter disappointment. Liberals never disappoint their base. Why can’t “conservatives” live up. Mark Levin should run everything in this country.
Posted by Oilfieldbiology
Member since Nov 2016
42797 posts
Posted on 7/7/20 at 7:39 am to
State Farm announces continued premium reductions

Why does the insurance commissioner have to approve premium decreases?

Oh and there is this little nugget at the end.

quote:

“Insurers are seeing significantly fewer miles driven, resulting in a reduction in the frequency of accidents and claims filing, as well as ultimate lawsuits being filed,” Donelon says.


Also, this is the largest % rate reduction in the last 4 rate reductions. 9.3% I believe. Is it just coincidence that it comes after the tort reform bill passed? I ask that because the other occurred because people were driving less, but now the state is opening up again and people are driving more.
This post was edited on 7/7/20 at 7:41 am
Posted by ExtraGravy
Member since Nov 2018
980 posts
Posted on 7/7/20 at 7:48 am to
(no message)
This post was edited on 2/15/21 at 11:19 am
Posted by Motorboat
At the camp
Member since Oct 2007
24334 posts
Posted on 7/7/20 at 7:54 am to
quote:

What an utter disappointment. Liberals never disappoint their base. Why can’t “conservatives” live up. Mark Levin should run everything in this country.



WTF are you talking about? The republican LABI bootlickers got damn near everything they wanted.
Posted by Thib-a-doe Tiger
Member since Nov 2012
36819 posts
Posted on 7/7/20 at 8:09 am to
look how mad the ambulance chaser is
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76245 posts
Posted on 7/7/20 at 8:16 am to
quote:

Sachertorte is hands down the winner. Especially if eaten in Vienna. Sehr gut.
Was there (Sacher) two years ago next month.

Seems like about 730 days ago...
Posted by Northshoretiger87
Member since Apr 2016
4957 posts
Posted on 7/9/20 at 4:45 pm to
Freakin’ idiot. I was talking about Jindal being a loser. You are, too.
Posted by Demshoes
Up in here
Member since Aug 2015
10758 posts
Posted on 7/9/20 at 4:57 pm to
quote:

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.


Are you a defense attorney? You do realize it is a symbiotic system, right? Less plaintiffs filing suit or more obstacles in place for plaintiffs directly translates to less billables for defense attorneys. I just don't get how defense attorneys (of which I am one) don't get this.
Posted by tommy2tone1999
St. George, LA
Member since Sep 2008
7846 posts
Posted on 7/9/20 at 5:53 pm to
quote:

Less plaintiffs filing suit or more obstacles in place for plaintiffs directly translates to less billables for defense attorneys


And this is a bad thing? We already have too many.
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