Entries by Eric Schuller

Consumer Legal Funding has nothing to do with Tort Reform

Tort reform efforts in the U.S. have always focused on issues like outsized awards and unreliable evidence. Now, however, with the backing of the multibillion dollar insurance lobby, the U.S. Chamber of Commerce is using tort reform as a smokescreen to advance an agenda that has nothing to do with justice or the U.S. business climate.

We salute the Indiana Senate for passage of SB 373

In a bipartisan and overwhelming 47-2 vote, the Indiana Senate approved SB 373, a bill championed by Senator Randall Head (R-Logansport) along with co-sponsor Senator Michael Young (R-Indianapolis) and Senator Greg Taylor (D-Indianapolis). SB 373 creates a robust set of consumer protections for Indiana consumers who use consumer legal funding to help make ends meet, […]

Insurance Legislators Take Best Course of Action to Preserve Consumer Access to Legal Funding

NCOIL members reject model legislation that would deny free market choice for consumers seeking legal funding assistance After three and a half years of exhaustive deliberations and vigorous debate, state legislators convening for the 2014 Annual Meeting of the National Conference of Insurance Legislators (NCOIL) in San Francisco determined not to endorse any model legislation […]

Warning: Deep-pocketed Special Interests Tip Their Hand in Illinois

In recent weeks, a special interest-funded outfit called “Illinois Lawsuit Abuse Watch” has started placing misleading editorials in Illinois-based newspapers about the consumer legal funding industry. This should be a warning to all Illinois consumers that having been turned back in state legislature after state legislature around the country, the moneyed Washington, DC interests have […]

HB-925 attempts to eliminate consumer legal funding industry from #Louisiana, leaving thousands of consumers in the dust.

As the debate begins on HB-925, an anti-business bill that aims to heavily regulate the consumer legal funding industry, members should consider the impact this bill would have not only on the industry but on the many consumers who rely on this product.  HB-925 is laced with toxic and devastating anti-free-market price controls.  Taking with […]