Lone Star Economic Alliance

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Lone Star Economic Alliance

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Author: Calum Hayes

‘Nuclear Verdicts’ Sink Small Businesses

As executives of companies headquartered in Texas, we’ve had front row seats to our state’s remarkable economic success story. With the world’s eighth-largest economy, Texas has become a magnet for businesses seeking growth, opportunity and common-sense governance. But there’s a serious threat to the Lone Star State’s continued prosperity: our deteriorating legal climate. The good news? We’re on the cusp of meaningful reform that will protect Texas’ position as America’s best state for business.

Lone Star Economic Alliance Statement on House Committee Passage of SB 30

The Lone Star Economic Alliance (LSEA) released the following statement today after the Texas House Judiciary & Civil Jurisprudence (JCJ) Committee passed Senate Bill 30 by Sen. Charles Schwertner —representing a major step toward restoring balance and predictability in Texas’s legal environment.

Texas on verge of fixing lawsuit climate to protect its competitive edge

As executives of companies headquartered in Texas, we’ve had front row seats to our state’s remarkable economic success story. With the world’s eighth-largest economy, Texas has become a magnet for businesses seeking growth, opportunity and common-sense governance. But there’s a serious threat to the Lone Star State’s continued prosperity: our deteriorating legal climate. The good news? We’re on the cusp of meaningful reform that will protect Texas’ position as America’s best state for business.

LSEA Statement on Senate Passage of Senate Bill 30

The Lone Star Economic Alliance (LSEA) today issued the following statement on the passage of Senate Bill (SB) 30 by the full Senate, delivering a major victory for fairness and accountability in Texas’s judicial system. SB 30 is one of Lieutenant Governor Dan Patrick’s top priority bills for the 2025 Legislative Session.   

Embertson: How a Routine Fender Bender Costs Texans Big Money

Most Texans don’t realize just how out-of-control our legal system has become when it comes to forced settlements and mega-lawsuits. LSEA member and President of Erling, Dave Embertson, shared his story to demonstrate why lawmakers need to pass SB 30/HB 4806.

After Approval In Ga., Tort Reform Advances In Texas And S.C.

Governors and state lawmakers spend a lot of time focusing on legislation that will improve tax and regulatory climates, understandably so. But — as is now on display in Georgia, South Carolina, Texas, and elsewhere — governors and lawmakers are also focused on the ways in which their state’s legal climate is another significant driver of the cost of living and doing business

Report: Lawsuits cost Texans $38 billion a year

The financial impact of tort lawsuits on Texas households cost $38 billion in 2022, according to a new report by the U.S. Chamber of Commerce. The report cites tort costs ranging from expenses associated with litigation, to compensation paid to claimants, and administrative costs to process claims as examples of costs impacting Texans and the state economy.

The Burden of Lawsuit Costs on Texas Households Continues to Rise

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.