spot_imgspot_img

Op-Ed: Louisiana makes progress on lawsuit abuse, but more action is needed

spot_img

Louisiana’s civil justice climate has a reputation as one of the worst in the country.

Each year, the first week in October is recognized as Lawsuit Abuse Awareness Week by Louisiana Lawsuit Abuse Watch and other civil justice reform organizations across the country.

During this week, LLAW is leading a grassroots effort aimed at informing citizens about the significant costs and economic consequences of lawsuit abuse in our state.

While the increasingly untenable cost of insurance continues to be of great concern for Louisianans, the impacts of lawsuit abuse go well beyond this single issue.

A fair and balanced civil justice system is good public policy, leading to a more stable, predictable business environment and further aligning Louisiana with other states.

Adopting measures that improve transparency across the system will encourage businesses to locate and/or expand here, help retain our best and brightest citizens and attract new talent to the state.

Transparency is critical in establishing and maintaining a civil justice system that serves all Louisianans, while leveling the playing field for businesses of all types and sizes.

Hardworking families and job creators pay the price when our system is not working as efficiently as it should, reflected in the availability and affordability of everyday goods and services.

Progress was made during the regular legislative session, including the repeal of the state’s direction action statute and more transparency in third-party litigation funding disclosure by both domestic and foreign interests.

While these changes represent progress, important legislation that would have allowed juries to see both the amount billed to a health care provider as well as the amount actually paid by insurance in injury cases was vetoed.

In order to see the greatest benefit, we must enact meaningful, comprehensive reforms that increase transparency.

A study by the Perryman Group for Citizens Against Lawsuit Abuse released earlier this year found that Louisiana continues to lose jobs and revenue because of the state’s civil justice system.

Excessive tort litigation in Louisiana resulted in annual average direct costs of more than $3 billion statewide, state gross product losses of nearly $4.5 billion and more than 40,500 lost jobs.

Additionally, state government losses totaled over $230 million, with local governments losing more than $192 million on average, annually.

As these statistics show, all Louisianans pay the price when the state’s legal system is abused. We hope that more Louisianans will join us in the fight to help end lawsuit abuse and bring more fairness and balance to our civil justice system – for all of us.

Lana Venable is the executive director of Louisiana Lawsuit Abuse Watch

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Wisconsin unemployment remains at 2.9%, record number employed again

(The Center Square) – Wisconsin’s seasonally adjusted unemployment rate...

Service providers protest Seattle proposal to use payroll tax to shore up budget

(The Center Square) – Service providers in Seattle are...

North Carolina 1 of 13 AAA in all major national bond rating agencies

(The Center Square) – Taxpayers in North Carolina have...

Rays plan for 2025, need decision on stadium roof for next two years

(The Center Square) – Steinbrenner Field is reportedly the...

Ohio attorney general wants lead in lawsuit against Washington company

(The Center Square) – Ohio Attorney General Dave Yost...

Hochul revives New York City congestion pricing plan

(The Center Square) — Democratic New York Gov. Kathy...

Critics blast Michigan bail reform bills as ‘clear threat to public safety’

(The Center Square) – Six bills under consideration in...

Maine sued over waiting period for firearms

(The Center Square) — A coalition of gun rights...

More like this
Related

Wisconsin unemployment remains at 2.9%, record number employed again

(The Center Square) – Wisconsin’s seasonally adjusted unemployment rate...

Service providers protest Seattle proposal to use payroll tax to shore up budget

(The Center Square) – Service providers in Seattle are...

North Carolina 1 of 13 AAA in all major national bond rating agencies

(The Center Square) – Taxpayers in North Carolina have...

Rays plan for 2025, need decision on stadium roof for next two years

(The Center Square) – Steinbrenner Field is reportedly the...