ICYMI: North Carolina just sent a strong message: third-party litigation funding has no place in their courts.
This new law is a monumental step for TPLF reform across the country.
Read more: https://t.co/3ImQwdVlWy
Congratulations to the 15 outstanding students who competed in this weekend's Louisiana Civics Bee at @LSU_Shreveport!
Hosted by the LABI Foundation, in partnership with the @USCCFoundation and @ShreveChamber, finalists showcased their civic knowledge and leadership.
North Carolina has set the standard, and Louisiana should follow suit!
This week, NC became the first state to ban third-party litigation financing, a growing practice that allows outside investors to profit from lawsuits by acquiring a financial stake in a case's outcome.
North Carolina is raising the bar on third-party litigation investment reform.
Thank you to @StephenWags and @LegalReform for recognizing the significance of this first-in-the-nation legislation to ban TPLI and its impact on our state's legal and business climate.
Read more > https://t.co/31gwBvdWmo
#ncga #ncpol
Question: How can Texas fall behind Florida.
They both have no income taxes.
They both have right to work.
They both have school choice.
Tort Reform......
Florida is passing serious reforms to reduce the cost to every family of trial lawyers.
So is Georgia.
Texas (see below)
Tortoise ......Hare....
Florida @progressive customer here. Didn’t have to pay for car insurance in March or April of this year due to the 2023 lawsuit abuse reforms. I am one of many customers who received a rebate. Actual proof! Lawsuit abuse reform lowers costs for consumers @pactconsumers#flapol
READ: Trial lawyers are taking $4,200 from your family every year
@stephenwags of the @USChamber argues that America's lawsuit crisis acts as a hidden $4,200-per-household tax that no amount of tax reform can fix without also reforming the legal system.
https://t.co/O5W6t12nAB
Just a stroke away from first 👀
@Samburns66 sits in third after three rounds of The Masters with a four-under 68 in round three. Burns is 10 under so far this weekend.
#GeauxLow x @TheMasters
Did you know frivolous lawsuits indirectly impact your wallet?
Suzanne Clark, CEO of @USChamber, explains how an unbalanced system drives up costs for families and businesses nationwide.
Give it a listen: https://t.co/zJQ3EAIZVR
Louisiana is making progress on legal reform, but rising insurance costs and unpredictable damage awards still hold the state back. HB 526 by Rep. Kellee Dickerson offers a balanced fix, capping non-economic awards while protecting real losses. Read more: https://t.co/LGCFeVQUKz
ILR and LCJ are pushing to require disclosure of third-party litigation funders in federal courts. Hidden investors shouldn’t be controlling lawsuits from the shadows.
It's past time for transparency in third-party litigation funding.
Read our new blog: https://t.co/k9JZVhJXIK
Exciting news out of Tennessee: a major third-party litigation funding bill passed the House with a unanimous vote.
It brings needed transparency and oversight to third-party litigation funding in TN—a win for businesses and consumers.
Let's keep this momentum going.
@stephenwags of the US Chamber of Commerce in Restoring America this morning with a piece about organized crime rings staging car accidents to exploit legal loopholes and collect fraudulent insurance claims:
https://t.co/jdSZaVZUFH