re: ‘Two little boys crying wolf’: Landry calls for shared blame on LA’s insurance crisis

I was asking if you think uninsured/underinsured is the major driver in high costs compared to sue and settle.

It would help if the legis would approach the issue objectively.

I found this: Insurance Research Coucil - Louisiana

It certainly looks bad when the Governor is hunting with Gordon and finding that the Insurance companies are part of the problem. It sounds like from his skinning comment that the Insurance companies are half of the problem. Who knows what he thinks but the problem is that Insurance companies cant compete here. There was a bill for tort reform that would have capped awards last year that the Governor vetoed. I know that he has pushed numerous bills last year that didn't work in bringing down the cost of insurance and he has proposed bills this year that better work in my opinion or it will be fatal to him for any future elections. Apparently he isn't considering the bills of the commissioner of Insurance, Tim Temple, who indicated that he hasn't heard from the Governor in 10 months. Maybe because the Governor was busy hunting Turkeys with you know who. At this point, the Insurance companies have left Louisiana. No Insurance companies, no good insurance prices. The same cant be said of vehicle accident attorneys. You can find them by simply driving any road in Louisiana.

This is all to avoid addressing homeowners insurance.

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I’d like to see a law proposed that if you drive and don’t have a license/insurance you forfeit the first $500k of any award.

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Louisiana already has no pay no play.

AIYEEEEE I'm gone fix dis problem me! right after a big hot cup a gumbo.

But you guys know this is all scripted right? that whatever the fix is going to be has already been approved by both sides. If you know that going in it knocks down the angst level some.

As someone who has litigated on both sides of the v, I must say, Landry is 100% correct on this.

Guess who regulates insurance companies? Insurance companies. They write the regs, they run the fricking LDI and they don’t give 2 shits about the people they actually insure, to whom they owe fiduciary obligations to. . . The insurance companies basically want to invest your premiums and avoid paying claims. That’s why your premiums are so high. Seriously. frick them.

And as far as Gordon, et al goes. . .Guess who “runs” the state judiciary? Gordon and the Gang. The “elected” state judiciary condones their conduct, and in fact rewards it.

Our tort laws are fine. If you want to fix the problem - stop electing judges. Appoint them.

Insurance laws don’t protect insureds. They protect insurance companies. If you want to fix the problem of property insurance, we need to enter into some kind of reinsurance compact with hurricane states. Insurance companies basically use Gordon et al as their scapegoat so they can charge whatever TF they want.

There are very few insurers I have ever contended with - who do the right thing by the people they insure. They throw them under the bus first.

Don’t drink their a-hole koolaid

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Louisiana already has no pay no play

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Louisiana's only prevents uninsured drivers from recovering the first $15,000 for bodily injury and the first $25,000 for property damage. That's not much.

$100k of No Pay, No Play would have teeth but also not shift the truly catastrophically inured onto the public dime.

But I don’t think NPNP is as prevalent as some think. I think it just pisses people off.

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Most district court races are local affairs

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Funded by local PI Lawyers

St. Landry Parish, for example, is a judicial hellhole

Wonderful. More finger pointing while a middle income father of 4 with 3 crappy used cars paying $900/month for insurance and then more through the nose for homeowners insurance.

Figure it out fellas