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.
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, […]
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 […]
Working Louisianans spend a majority of their time away from home. Earning an honest wage to help pay for such daily necessities as food, housing and transportation. As times are changing and inflation is rising, the dollar has never been stretched so thin. Kirk from Breaux Bridge, Louisiana was a hardworking Louisianan who did his […]
In a recet article posted in the Waco Tribune, Jill Shackelford, Chairwoman of the special interest-funded outfit called “ Citizens Against Lawsuit Abuse of Central Texas” authored a misleading column about the consumer legal funding industry. This should be a warning to the thousands of consumers in Texas that the U.S. Chamber of Commere and […]
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 […]
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 […]
The U.S. Chamber of Commerce spent over $25 million dollars on lobbying efforts in the first quarter of 2014 and is on pace to spend well over $100 million dollars in total by the end of the year. Of the $25 million dollars spent this quarter, the Institute for Legal Reform spent $6.2 million dollars. […]
Most hard working Americans spend more time at work than they do at home. The pressures of working and earning a paycheck increase as items such as food, housing and transportation costs are on the rise. The fight to earn a decent living to help finance daily necessities has never been more important. LaShawn, from […]
The U.S. Chamber of Commerce wants nothing more then for the entire consumer legal funding industry to vanish from Illinois. In the current session at the Illinois State House, the U.S. Chamber of Commerce is attempting to persuade legislators that price control regulations along with other regulations disguised as “consumer-friendly” measures are a must to […]