- 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: Tort reform back on the table
Posted on 5/22/19 at 9:04 am to Lake Vegas Tiger
Posted on 5/22/19 at 9:04 am to Lake Vegas Tiger
quote:
tort reform is gawd aweful for victims, if the insurance companies are backing it you know it will be bad, they always try to convince the dummies out there that it will lower their premiums and it never does
I've always felt when the socialists take over, the first industry to be nationalized should be the legal profession.
0
Posted on 5/22/19 at 9:06 am to BugAC
quote:That is allowed in La?
prevent the trial attorneys from mentioning the insurance companies as defendents
Posted on 5/22/19 at 9:08 am to In The Know
It’s literally called the Omnibus Premium Reduction Act 
Posted on 5/22/19 at 9:10 am to PearlJam
quote:
That is allowed in La?
Yes. Trial lawyers love to do this. It drums up sympathy that it's the evil insurance companies that won't give this poor hurt person their money. They say, that xx insurance company has all of this money while poor old Wanda doesn't have a pot to piss in. The jurors, then sympathize and say, "you know, maybe she should get something", then bitch about their insurance rates going up for "no reason". It's going up, because of your decision to award the plaintiff an outrageous sum. Most jurors, however, doesn't understand the correlation between lawsuits and insurance premiums, and just think it's rich company should pay out.
Posted on 5/22/19 at 9:12 am to TigerGman
quote:
So welcome to your extra jury duty for 3 days on a $10,000 case.
I still get paid so it doesn't really bother me.
Posted on 5/22/19 at 9:15 am to boosiebadazz
quote:
It’s literally called the Omnibus Premium Reduction Act
Breaking. Legislative body creates catchy name for a bill.
Posted on 5/22/19 at 9:17 am to TigerNlc
quote:
I still get paid so it doesn't really bother me.
I do too. Been a registered voter for 23 years and I've never been called either.
Posted on 5/22/19 at 9:18 am to Golfer
LABI is not painting it as tort reform. They’re painting it as a pro-consumer measure to reduce rates.
Just trying to keep the messaging on point
Just trying to keep the messaging on point
This post was edited on 5/22/19 at 9:19 am
Posted on 5/22/19 at 9:21 am to boosiebadazz
quote:
boosiebadazz
Wrong again
Posted on 5/22/19 at 9:27 am to boosiebadazz
quote:
LABI is not painting it as tort reform. They’re painting it as a pro-consumer measure to reduce rates.
This is correct. Which when it gets confirmed in the Senate, which it should, would make it hard for JBE to veto, during an election year. But, he is bought and paid for by the billboard lawyers. So who knows.
This post was edited on 5/22/19 at 9:28 am
Posted on 5/22/19 at 9:29 am to BugAC
I love how boosie is trying to paint LABI as the evil, big-business organization in this thread.
Posted on 5/22/19 at 9:30 am to Jack Bauers HnK
It hasn't gained traction on Poli because we've seen this dance before. If it were true tort reform it would never make it out of committee. if it makes it out of committee it's so watered down as to be useless.
Posted on 5/22/19 at 9:35 am to boosiebadazz
Everyone's a tort reformist until they need the tort system......
Posted on 5/22/19 at 9:37 am to BugAC
quote:
They aren't going to reduce rates without the bill passing. Once it passes, rates will go down.
Bookmarked.
Posted on 5/22/19 at 9:39 am to Jack Bauers HnK
You can count on my local representative to nuke it, Ryan fricking Gatti.
Posted on 5/22/19 at 9:39 am to Motorboat
quote:
Bookmarked.
Congrats? Also bookmark that the rates won't go down the week it is passed. It will take a few months to get it implemented and reflected on your rates, if that long.
Posted on 5/22/19 at 9:44 am to TigerGman
quote:
Why is it the insurance companies themselves don't think it will make a difference let alone guarantee a rate reduction?
Do you think the insurance companies are going to say it's going to lower premiums (i.e. profit)?? Of course not. They are in favor of it because it necessarily will lower liability payments. That's literally the only reason the insurance industry would ever support legislation. So, they are taking the "getting my cake and eat it, too" position.
Yes, they are in favor of the bill (lowers liability payments) but are saying it won't reduce premiums (keeps profit high). Think about this stuff. Don't just look at the words they say.
Posted on 5/22/19 at 9:44 am to oreeg
Posted on 5/22/19 at 9:45 am to Demshoes
quote:
Everyone's a tort reformist until they need the tort system......
Oh please. This doesn’t change anything for those actually needing to sue following a motor vehicle accident.
Posted on 5/22/19 at 9:46 am to Golfer
quote:
I love how boosie is trying to paint LABI as the evil, big-business organization in this thread
I'm not painting them as anything. LABI literally stands for Louisiana Association of Business and Industry so make of that what you will.
I'm just trying to keep the messaging on point. This is not about the bottom lines of business and industry. It's about reducing rates for the consumer.
Page 2 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News