Virtually every job creator in Texas has the potential to encounter an accident that can evolve into a company-threatening lawsuit. Businesses want to do the right thing when someone is injured due to the actions of their employees. At the same time, no employer wants to be held for ransom in a lawsuit by a person who was not injured or who caused his own injury.
Texas’ litigation
environment has
shifted from protecting
legitimately injured
Texans to targeting all
job creators, impacting
every industry in our
economy.
Insurers are afraid to go to
court in Texas. Instead,
they settle cases and pass
the cost on to their clients,
who must then choose
between raising prices,
firing employees or closing
their doors.
Legislative reforms can
restore fairness
and transparency to the
legal system and return stability
to the insurance market.
The Lone Star Economic Alliance advocates for policies that ensure employers
can continue to create jobs and safely provide the goods and services
that are essential to Texas families. Formed by Texas job creators of all sizes, LSEA
aims to curtail the skyrocketing cost of doing business by exposing unfair litigation
practices and their impact on the jobs and businesses that fuel our economy.
The financial impact of tort lawsuit costs on Texas households is becoming increasingly burdensome. Tort costs, which include the expenses associated with litigation, compensation to claimants, and the administrative costs of processing claims, represent a significant and growing weight on the state’s economy.
The American Property Casualty Insurance Association (APCIA) and Munich Reinsurance America, Inc (Munich Re US) released survey findings on consumer perceptions of certain legal tactics used in civil litigation.
Businesses in the Rio Grande Valley are struggling to find insurance coverage due to the rise in lawsuit abuse.
The Texas Trucking Association named tort reform as its top agenda item for the 89th Legislative Session.
Leg Ad Paid for by Lone Star Economic Alliance, Lee Parsley, President, 919 Congress Ave #455, Austin, Tx 78701
