The Ohio General Assembly recently passed SB 80, the comprehensive lawsuit reform bill, and HB 498, the workers' compensation intentional tort bill.
Insurance trade groups applauded the legislation. “The growth of the lawsuit industry has exploded in recent years, with a new lawsuit being filed every two seconds and class action lawsuits having grown over 1,000 percent in the past decade,” said Greg LaCost, regional manager and senior counsel for the Property Casualty Insurers Association of America. “As one of the largest private purchasers of legal services, the property/casualty industry is uniquely affected by the nation's legal system.”
“Passing tort reform is a win for all Ohioans because it helps bring fairness and predictability to the civil liability system,” said Sean McManamy, assistant vice president, Midwest region for the American Insurance Association. “With the passage of SB 80, citizens of Ohio maintain all their legal rights to sue as well as to be compensated for acts of negligence.”
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