American Tort Reform Association

Legal System Abuse Adding to Increasing Auto Insurance Costs, Creating A New Asset Class of Investors Betting on Litigation

Retrieved on: 
Tuesday, February 27, 2024
Other Automotive, Professional Services, Insurance, Automotive, Social media, Information International, Inc., Disclosure, Risk, Advertising, Insurance Information Institute, ATRA, Judgement, TPLF, MAAA, American Tort Reform Association, FCAS, IRC, Environment

Plaintiff attorneys often use aggressive marketing and advertising techniques to attract potential plaintiffs, the issues brief notes.

Key Points: 
  • Plaintiff attorneys often use aggressive marketing and advertising techniques to attract potential plaintiffs, the issues brief notes.
  • Legal system abuse in Louisiana costs every resident more than $1,100 annually, according to an analysis by the American Tort Reform Association (ATRA).
  • The state’s litigation environment was also cited by the Insurance Research Council (IRC) when reporting how Louisiana is the least affordable U.S. state for both personal auto and homeowners insurance.
  • Florida enacted new laws last year to reduce legal system abuse and to attract new insurers to replace those who departed or reduced their market share.

Legal Hotspots Unveiled In 2023-2024 Judicial Hellholes® Report

Retrieved on: 
Tuesday, December 5, 2023
Disability discrimination act, Family, CVS, Supreme court, American Tort Reform Association, Congress, Supreme Court of Georgia, Lawyer, Supreme, Insurance, Judiciary, Breeding, CVS Pharmacy, Tourism, Judgement, Pharmacy

ATRF’s report also provides analysis and perspective on national trends, like the U.S. Supreme Court’s Mallory decision this summer, which expanded certain state courts' jurisdiction over out-of-state companies.

Key Points: 
  • ATRF’s report also provides analysis and perspective on national trends, like the U.S. Supreme Court’s Mallory decision this summer, which expanded certain state courts' jurisdiction over out-of-state companies.
  • ATRF says this evolution creates legal uncertainty for property owners and may result in store closures, particularly in high-crime areas.
  • Third-party litigation financing, spotlighted by Congress this year , also leads to predatory lawsuit lending in many of the nation’s Judicial Hellholes®.
  • To dive deeper into the findings and access the full 2023-2024 Judicial Hellholes® report, visit JudicialHellholes.org .

Travelers Institute® Announces May and June 2023 Virtual Programming

Retrieved on: 
Wednesday, April 26, 2023
Professional Services, Insurance, DEI (Diversity, Equity and Inclusion), Human resources, Small business, The Travelers Companies, Senior, Public policy, Lawsuit, American Tort Reform Association, Disability, Workplace, Tournament, Travelers Championship, Traveler, Insurance Institute of Canada, Organization, Wednesday, Next, National Small Business Week, IIHS, Policy, TRV, Environment, Counsel, NYSE, Safety, D, Management

The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward® virtual programming schedule for May and June 2023.

Key Points: 
  • The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward® virtual programming schedule for May and June 2023.
  • The webinar series, hosted by Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers, examines pressing topics at the intersection of insurance, business and public policy.
  • Young will also share some of her experience leading Travelers’ enterprise-wide diversity and inclusion program.
  • For more information about the Travelers Institute or the Wednesdays with Woodward schedule of events, please visit Travelers.com/Travelers-Institute .

Triple-I: Louisiana’s Insurance Crisis Grew After 2020-21 Hurricanes

Retrieved on: 
Tuesday, March 28, 2023
Insurance, Professional Services, Zeta, Laura, IRC, Insurance Information Institute, Louisiana Department of Transportation and Development, Season, Public policy, Hurricane Ida, Delta, Hurricane Laura, American Tort Reform Association, LDI, The Institutes, Property insurance

Hurricanes Delta and Zeta, both of which made landfall in Louisiana in October 2020, cumulatively generated another $1.5 billion in insured auto, home, and business insurance claim payouts, according to the Louisiana Department of Insurance (LDI).

Key Points: 
  • Hurricanes Delta and Zeta, both of which made landfall in Louisiana in October 2020, cumulatively generated another $1.5 billion in insured auto, home, and business insurance claim payouts, according to the Louisiana Department of Insurance (LDI).
  • To increase the availability and to broaden the affordability of homeowners insurance coverage, Louisiana’s lawmakers revived this year the Insure Louisiana Incentive Program .
  • It incentivizes new and existing Louisiana insurers to write residential and commercial insurance policies in coastal areas .
  • Complicating matters further for its policyholders, Louisiana is by far the least affordable state in the U.S. for personal auto insurance, according to a 2022 study released by the Insurance Research Council (IRC).

‘Nuclear’ Verdicts Obliterate State Economies in Judicial Hellholes

Retrieved on: 
Tuesday, December 6, 2022
Ford Motor Company, Pain, Eye, Georgia (U.S. state), Lawyer, COVID-19, Judiciary, Research, American Tort Reform Association, Tobacco, Pharmaceutical industry, Insurance

“Worse yet, are the courts and judges who allow questionable lawsuits to proceed, often allowing ‘junk science’ to serve as a basis.

Key Points: 
  • “Worse yet, are the courts and judges who allow questionable lawsuits to proceed, often allowing ‘junk science’ to serve as a basis.
  • ATRF says this year, they saw a surge in these excessive and high-dollar nuclear verdicts across Judicial Hellholes®.
  • “These nuclear verdicts result in higher costs on consumer goods and fewer jobs, all while American families are already feeling the pinch of inflation,” Joyce said.
  • “Judicial Hellholes® open the door to third-party litigation financing, which has become a driving force behind nuclear verdicts and the overall climates of lawsuit abuse,” Joyce said.

Baseless Legal Attacks Could Worsen US Energy Woes

Retrieved on: 
Wednesday, June 15, 2022
Michael Saag, University School, Climate, Health, AGS, American Tort Reform Association, Bloomberg Philanthropies, GLOBE, Environmental issues, Risk, Property management

Washington, DC, June 15, 2022 (GLOBE NEWSWIRE) -- Energy producers face legal attacks from multiple angles, according to a new report .

Key Points: 
  • Washington, DC, June 15, 2022 (GLOBE NEWSWIRE) -- Energy producers face legal attacks from multiple angles, according to a new report .
  • Its more important than ever to protect American energy sources from meritless lawsuits, Tiger Joyce, American Tort Reform Association President said.
  • In more than 20 lawsuits against energy companies, complaints range from claims that the companies created a public nuisance to consumer protection and products liability complaints.
  • With energy prices soaring to record highs and American energy sources becoming more critical than ever, now is the time to stop these baseless multi-billion-dollar lawsuits, Joyce said.

Attorneys General Association Risks Member Loss Over Anti-Business Litigation

Retrieved on: 
Wednesday, March 30, 2022
Risk, Exercise, National Association of Attorneys General, Organization, American Tort Reform Association, University School, Climate change, Association, National Association, Bloomberg, Center, Industry, McKinsey & Company, ATRA, AGS, NAAG, GLOBE, Law, Efficiency, Education, Lawyer, New York University School of Law, Pharmaceutical industry, Property management

The American Tort Reform Associations (ATRA) latest report digs into the activities of the National Association of Attorneys General (NAAG) over the past decade and how NAAGs focus appears to have shifted.

Key Points: 
  • The American Tort Reform Associations (ATRA) latest report digs into the activities of the National Association of Attorneys General (NAAG) over the past decade and how NAAGs focus appears to have shifted.
  • Over time, however, the groups priority seems to have moved away from promoting efficiency and coordination and instead to entrepreneurial litigation targeting a variety of industries a one-sided approach thats not palatable to all state attorneys general.
  • ATRAs report states that NAAG essentially acts as a self-sustaining litigation machine, mainly funded by two revenue sources: yearly dues from state attorneys general and carveouts from multistate litigation settlements.
  • ATRAs full report, The National Association of Attorneys General: A Nonprofit That Acts Like a Plaintiffs Firm is available at atra.org .

Nation’s Worst ‘Judicial Hellholes’ Expand Liability, Allow Frivolous Lawsuits

Retrieved on: 
Tuesday, December 7, 2021
BIPA, Eye, Research, Lawyer, Judiciary, Annual report, Safety, Punitive damages, Efficiency, Decision-making, Organization, Vaccination, American Tort Reform Association, COVID-19, Marketing, Solution, Tobacco, Health insurance, Insurance, Risk management

Businesses and other organizations were concerned with potential lawsuits related to COVID-19 early in the pandemic lawsuits concerning exposure to the virus on their premises, related to efficiency of products, and much more.

Key Points: 
  • Businesses and other organizations were concerned with potential lawsuits related to COVID-19 early in the pandemic lawsuits concerning exposure to the virus on their premises, related to efficiency of products, and much more.
  • One of the biggest fights on the horizon is over vaccination mandates and demands for exemptions, Joyce said.
  • They target businesses with these lawsuits, even though their clients didnt suffer any harm or loss of any kind.
  • Courts in Judicial Hellholes also allowed outside parties to fund lawsuits and awarded outrageously high-dollar verdicts, to top it all off.