-
N.Y. insurance reforms would free up $48M for better transit service, MTA says
Read more: N.Y. insurance reforms would free up $48M for better transit service, MTA saysFull story on Sil Live Gov. Kathy Hochul’s auto insurance reform plan would generate $48 million in annual savings for the Metropolitan Transportation Authority and another $25 million for transit agencies statewide, according to a new MTA analysis announced Friday. The proposal aims to prevent transit agencies from paying large settlements in crashes where their…
-
Gov. Hochul targets ‘jackpot settlements’ with auto insurance overhaul to save MTA millions
Read more: Gov. Hochul targets ‘jackpot settlements’ with auto insurance overhaul to save MTA millionsFull story on CBS 6 Albany Gov. Hochul announced a proposal to reform New York’s auto insurance laws that she says could save the Metropolitan Transportation Authority nearly $50 million each year. According to an MTA analysis released by the governor’s office, the proposed reforms could generate about $48 million in annual savings for the…
-
DTLA law firm co-founder faces California State Bar charges for alleged out-of-state practice
Read more: DTLA law firm co-founder faces California State Bar charges for alleged out-of-state practiceFull story on LA Times The California State Bar has charged a founding partner of Downtown LA Law Group, a law firm at the center of a scandal that has embroiled Los Angeles County’s historic sex abuse settlement, with signing up dozens of clients in states where none of the firm’s lawyers were licensed to…
-
Effort to increase personal-injury verdicts fails in Utah
Read more: Effort to increase personal-injury verdicts fails in UtahFull story on Legal Newsline Utah lawmakers will not give personal-injury lawyers new legislation that could have increased jury awards, deciding instead to keep things the way they are. Senate Bill 211 was marked “not passed” at the conclusion of the legislative session last week, despite calls from plaintiff lawyers for legislators to react to…
-
AD WATCH: A group backed in part by Uber is launching a new TV ad to push for Hochul’s proposed changes to car insurance laws.
Read more: AD WATCH: A group backed in part by Uber is launching a new TV ad to push for Hochul’s proposed changes to car insurance laws.Full story in POLITICO AD WATCH: A group backed in part by Uber is launching a new TV ad to push for Hochul’s proposed changes to car insurance laws. The governor is pressing in state budget negotiations for legislation meant to reduce premiums by cracking down on fraud and large payouts in questionable crashes. The new ad from…
-
How staged accidents are driving up your insurance costs
Read more: How staged accidents are driving up your insurance costsFull story in the Washington Examiner By Stephen Waguespack Imagine you are driving down the road one day, traffic humming along like a familiar episode of Seinfeld. Then, without warning, the car in front of you slams on its brakes. You barely have time to react before the car behind you plows into your bumper. Both drivers jump…
-
Baton Rouge couple faked crash in $30k insurance scam, weren’t even in the car, police say
Read more: Baton Rouge couple faked crash in $30k insurance scam, weren’t even in the car, police sayFull story in The Advocate By Olivia Tees A Baton Rouge couple was arrested by Louisiana Bureau of Investigation agents in February for attempting to defraud an insurance company of $30,000 over a car crash. Investigators found the pair was not in the car at the time of the alleged incident. Agents from the Louisiana…
-
Ryan Patrick: Texas Should Follow Florida’s Lead In Acting On Litigation Reform
Read more: Ryan Patrick: Texas Should Follow Florida’s Lead In Acting On Litigation ReformFull story in Bloomberg Law By Ryan Patrick From the ‘90s to early 2000s, Texas was the undisputed leader in civil justice reform. The question now is whether it intends to lead again by modernizing how medical damages are presented to juries or accept the consequences of falling behind as litigation costs spiral. Reestablishing fairness…
-
PACT Poll Featured in Politico Playbook New York
Read more: PACT Poll Featured in Politico Playbook New YorkFull story in New York POLITICO Playbook INSURANCE POLICY: Voters in a trio of purplish New York House districts are broadly supportive of Hochul’s effort to overhaul the state’s auto insurance laws, according to a new survey being touted by an industry group. Hochul’s push is being opposed by trial lawyers who warn the changes would…
-
Opinion: The War On Auto Insurance Prices In New York
Read more: Opinion: The War On Auto Insurance Prices In New YorkFull story in Newsday By Randi F. Marshall The biggest debate in Albany as budget season heats up is about auto insurance. And some of New York’s biggest forces are emerging as key players in the showdown over Gov. Kathy Hochul’s proposals to tackle auto insurance fraud by limiting payouts to bad actors, prioritizing consumers…