What happened: Lawsuit abuse costs American households over $4,000 annually. State lawmakers across the country are taking stronger action to fix the problems.

Remind me: In 2022, the U.S. tort system cost $529 billion, averaging $4,207 per household.

• Without reform, overall tort costs could surpass $900 billion by 2030.

Tell me more: Several states have enacted laws targeting predatory litigation practices.

• The Wisconsin legislature passed a bill capping noneconomic damages in commercial motor vehicle lawsuits at $1 million, but the Governor vetoed it.
• Florida outlawed inflated medical bills at trial and reduced the statute of limitations for filing lawsuits.
• Montana now requires third-party litigation financiers to register and disclose their terms.

TLR Thoughts: Fueled by deceptive litigation tactics and third-party litigation financing, lawsuit abuse is harming businesses, consumers and the economy. TLR is committed to pushing for reforms in Texas to stop abusive tactics and ensure fairness in our legal system. By tackling predatory practices, we can create a stronger, more just environment for all Texans.

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