- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Louisiana Residents - Your Senators Standing in the Way of Lowering Your Insurance Rates
Posted on 5/8/19 at 1:16 pm to Pechon
Posted on 5/8/19 at 1:16 pm to Pechon
quote:
From a family that has it's tentacles deep in politics. His brother is a fourth generation sheriff, sister-in-law a judge, and brother a chief of police in a town he didn't grow up in. His father was a big time player in Louisiana politics.
I know them all and they're close family friends. Good people.
1
Posted on 5/8/19 at 1:21 pm to Chad504boy
quote:
1) Reduces the jury trial threshold from $50,000 to $5,000
This would create gridlock in the court system and made this bill destined to fail. The idea that insurance companies would willingly reduce rates and lower profits without being forced to is laughable.
Posted on 5/8/19 at 1:23 pm to Verbal Kent
So let me get this straight. The shitty legal climate in Louisiana has nothing to do with absurdly high insurance rates. It's just those devils at the insurance companies picking on poor Louisiana by jacking up their rates.
Posted on 5/8/19 at 1:24 pm to Dizz
quote:
This would create gridlock in the court system and made this bill destined to fail.
dude, its par for the rest of the country. All 46 states have thresholds less than 15k, 3 at 15k and LA at 50k. Its absurd.
quote:
The idea that insurance companies would willingly reduce rates and lower profits without being forced to is laughable.
its a free market economy. We have to change our state's political climate in order to entice further competition in this state. The idea that you are eating up the lawyer's arguments and just wanting to pad their fricking pockets is pitiful.
Posted on 5/8/19 at 1:26 pm to Chad504boy
quote:
dude, its par for the rest of the country. All 46 states have thresholds less than 15k, 3 at 15k and LA at 50k. Its absurd.
quote:
All 46 states have thresholds less than 15k, 3 at 15k and LA at 50k. Its absurd.
quote:
All 46 states have thresholds less than 15k
quote:
All 46 states
Posted on 5/8/19 at 1:28 pm to Dizz
quote:
This would create gridlock in the court system and made this bill destined to fail. The idea that insurance companies would willingly reduce rates and lower profits without being forced to is laughable.
It would actually do the opposite. More cases would be settled out of court. As proven in the states that have the $5,000 threshold.
And someone skipped out on marketing and strategy days in school. Customers are price conscious more than ever. If a group of analysts for just one insurance company can justify lowering their rates, others will follow suit to avoid poaching of customers.
This isn't rocket surgery.
Posted on 5/8/19 at 1:30 pm to Dizz
quote:
:
1) Reduces the jury trial threshold from $50,000 to $5,000
This would create gridlock in the court system and made this bill destined to fail. The idea that insurance companies would willingly reduce rates and lower profits without being forced to is laughable.
Congratulations on buying the propaganda.
The next highest threshold is $15,000.
36 states don't have a threshold.
Most claims are under that $50k because lawyers want bench trials. Adding a jury causes extra headaches and costs.
Posted on 5/8/19 at 1:30 pm to Chad504boy
quote:
The idea that you are eating up the lawyer's arguments and just wanting to pad their fricking pockets is pitiful.
Yeah because all know the insurance companies always do what is best for the consumer. There is a middle ground that can be found but so far no one wants to do that.
Posted on 5/8/19 at 1:31 pm to OvertheDwayneBowe
judges are politicians. They aren't going to rule against tommy the claimant and voter over the insurance company over a mere 25k claim. Insurance companies got the monies.. they should pay my voter... look at me the great judge in orleans parish!
Posted on 5/8/19 at 1:32 pm to Dizz
quote:
because all know the insurance companies always do what is best for the consumer.
ok... i'm going to send this statement off to nasa so they can locate the point you trying to make.
This post was edited on 5/8/19 at 1:33 pm
Posted on 5/8/19 at 1:32 pm to Golfer
My insurance rates in Virginia were 1/2 of what they are now here in La. No changes in drivers or cars. Whatever system or laws they have there, just cut and paste that shite on the books here. Funny, not many lawyer commercials or billboards there either.
Posted on 5/8/19 at 1:34 pm to fightin tigers
quote:
I already carry uninsured/under insured because I assume the most likely is some jackleg without enough insurance is going to hit me.
And even then, when someone without insurance hits you, it's still a bitch to deal with.
I got hit by this girl who failed to yield because she was messing with her radio instead of looking at the road. She actually did have insurance, but she got it 2 days before the wreck, however; it supposedly didn't kick in until after a month. Long story short, it was an absolute bitch to deal with..
With that said, Louisiana pays more in auto insurance than California.. Which is pretty much the only thing that is cheaper in California.
Posted on 5/8/19 at 1:34 pm to 2tigergo
quote:
You forgot the main culprit - John Alario.
He's worse than JBE....and that's saying alot.
John Alario is the biggest POS in BR.
Posted on 5/8/19 at 1:34 pm to Dizz
quote:
There is a middle ground
Louisiana - $50,000 threshold
36 other states - 0
There is a middle ground but it ain't $50,000.
quote:
Yeah because all know the insurance companies always do what is best for the consumer.
Thank God we have angels like Gordon and Morris to comfort us in this difficult time.
This post was edited on 5/8/19 at 1:37 pm
Posted on 5/8/19 at 1:39 pm to oreeg
The arguments against the proposed reforms are pathetic. The state is such a cesspool.
Posted on 5/8/19 at 1:41 pm to DevilDagNS
quote:
The arguments against the proposed reforms are pathetic.
politicians want to make it against the insurance companies like its them being greedy.
bottom line is the reform is about the consumers. it's about us saying this shite is enough and making real climate changes against things that make it difficult for companies to write auto business in this state. Nothing changes over night and we've had decades of losing the battle.
This post was edited on 5/8/19 at 1:42 pm
Posted on 5/8/19 at 1:46 pm to DevilDagNS
quote:
The state is such a cesspool.
There's a segment of this state that is just fine with the status quo. Suing someone is viewed as an escape from poverty. The actors on the commercials make it seem like they just won the lottery.
Posted on 5/8/19 at 1:48 pm to oreeg
quote:
The actors on the commercials
you sure they are actors?
Posted on 5/8/19 at 2:53 pm to OvertheDwayneBowe
quote:
The next highest threshold is $15,000.
36 states don't have a threshold.
Most claims are under that $50k because lawyers want bench trials. Adding a jury causes extra headaches and costs.
Not taking a position, but if a plaintiff doesn’t want a jury trial, wouldn’t a lower threshold like $15K make the plaintiff attorneys stipulate that their damages are not above the threshold, thereby lowering damages against insurance companies which would hopefully lead to lowering insurance rates?
Posted on 5/8/19 at 3:19 pm to Teufelhunden
quote:
My insurance rates in Virginia were 1/2 of what they are now here in La. No changes in drivers or cars. Whatever system or laws they have there, just cut and paste that shite on the books here. Funny, not many lawyer commercials or billboards there either.
It's going to ruffle feathers here, but car insurance is 1/2 in TX too.
Page 3 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News