Tort reform describes an array of judicial actions aimed at regulating lawsuits, curbing “legal system abuse,” and ultimately degrading insurance premium increases and other economic headaches triggered by high-dollar litigation and settlements.
Insurance industry leaders believe such measures are necessary to curb frivolous lawsuits. Three of them recently joined PropertyCasyalty360 Chief Editor Elana Ashanti Jefferson on LinkedIn for a discussion about the current legislative momentum behind tort reform.
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