Entries by Eric Schuller

U.S. Chamber is consistently inconsistent as they attempt backdoor regulations to eliminate consumer legal funding in Tennessee

Nearly one year ago, the U.S. Chamber of Commerce supported consumer legal funding legislation in Oklahoma that wisely did not include anti-free market price controls.  Instead the bill, which became law, allowed for the free markets to dictate how a consumer legal funding company would price their products and services. Fast forward to today in […]

A Look behind the Numbers reveals holes in NFIB’s claims on Consumer Legal Funding Industry.

At a recent Tennessee Legislative hearing regarding consumer legal funding, the NFIB surprisingly joined the U.S. Chamber of Commerce and large insurance conglomerates spreading myths about the consumer legal funding industry.  At one point in their “presentation” the NFIB claimed that 77% of their members would like to see the consumer legal funding industry “banned” […]

Tennessee Small Business Owners and Insurance Companies Crosshairs under Tennessee Senate Plan

Two weeks ago the Tennessee Senate passed SB-1360, a bill that would implement suffocating price control regulations onto the consumer legal funding industry, hurting both small businesses and consumers in Tennessee.  Dan Cleary, the founder of Provident Litigation Funding, Inc., a small business owner based in Nashville, Tennessee has been helping Tennessean for years by […]

Indiana Consumers Lose, Large Insurance Companies Win as Key House Committee attempts to Regulate Consumer Legal Funding out of Existence

Indiana Consumers Lose, Large Insurance Companies Win as Key House Committee attempts to Regulate Consumer Legal Funding out of Existence                                                                                                                                                 Indianapolis, Indiana — A leading organization representing the consumer legal funding industry today said legislation approved Wednesday by the House Insurance Committee will handcuff the consumer legal funding industry through a series of anti-free-market […]

A Plan in Mississippi Designed to leave Consumers Once Again at the Mercy of Big Insurance Executives?

If it were up to big insurance companies, such as State Farm, and the U.S. Chamber of Commerce, the business of consumer legal funding wouldn’t exist in Mississippi.  When consumer legal funding began providing services in Mississippi, consumers finally had an alternative to cowering to big insurance company’s delay tactics and low-ball settlement offers for […]

Tennessee Senate Misfires on Legislation Aimed at Eliminating the Business of Consumer Legal Funding.

Tennessee Senate Misfires on Legislation Aimed at Eliminating the Business of Consumer Legal Funding.  Yesterday the Tennessee Senate passed SB-1360, a bill that if enacted would implement devastating rate cap or price control measures on the consumer legal funding industry and begin the process of driving the business out of the state for good.  While […]

Justice Brandeis once said “Sunlight is the best disinfectant” – Maybe the U.S. Chamber should pay attention to his words

After remaining silent for years on the subject of consumer legal funding, why is the U.S. Chamber of Commerce, which describes itself as an organization devoted to free enterprise, aggressively using all of its might to regulate consumer legal funding out of business? Simple.  In 2012, Ed Rust, CEO of State Farm Insurance, became Chairman […]

When Insurance Companies are Absent, Consumer Legal Funding is Helping Everyday Georgians During Trying Times

Over the past couple decades, insurance companies have increased their aggressive tactics of delaying their own customer’s settlements over injury claim payments.  This tactic is used as a tool for large insurance companies in the hopes a claimant will be forced to settle for far less than a fair market value for their injury claims.  […]

While Big Insurance Continues to Disregard Consumers in Alabama, Consumer Legal Funding Continues to Help Those Who Need a Little Boost.

For far too long, big insurance companies have been preying on financially desperate consumers in Alabama to help pad their billion dollar ledger sheets. By delaying the settlement process for automobile claims, big insurance increases their chances of settling with a consumer for pennies compared to the fair market value of an injury claim.  It […]