This week, Governor Greg Abbott celebrated the fact that Texas was named the “best state for business” by Chief Executive magazine: 

“Texas is where entrepreneurs can cast a vision and know they can achieve it….We will continue to cut red tape and partner with job-creating businesses and innovators to build a stronger, more prosperous Texas for decades to come.”

Yet, while the state’s economy continues to lead the nation, unless the Texas House joins the state Senate in passing SB 30, lawsuit abuse will continue to threaten the foundation of the state’s strong economic growth and cost Texas consumers. 

Just how much lawsuit abuse costs Texans was revealed by a new Perryman study. This new report found that lawsuit abuse costs the average Texas family a whopping $5,549 a year in the form of higher insurance rates and higher prices at the store. Until lawsuit abuse reform is a reality in Texas, consumers across the Lonestar State will continue to pay the price.