This week brought more proof that strong civil justice systems shape strong economies. Coinbase announced it is leaving Delaware and reincorporating in Texas, citing the Lone Star State’s predictable courts and modern corporate laws. Florida continues to validate the power of bold lawsuit reform, with rate cuts and market stability. And in the Rio Grande Valley, TLRPAC-endorsed House candidate Sarah Sagredo-Hammond shares why she’s stepping forward to fight for real change.
As always, TLR is focused on protecting fairness, lowering costs for families, and keeping Texas the best place to grow a business.
What Happened: Coinbase, the largest U.S.-based cryptocurrency platform, announced that it is leaving Delaware and reincorporating in Texas, citing Texas’s predictable legal environment and modern corporate governance laws. In a Wall Street Journal op-ed, the company outlined why Delaware — long considered the gold standard for incorporation — no longer provides the stability businesses need. Read More
Tell Me More: Coinbase’s chief legal officer described a significant shift: Delaware’s once-reliable Chancery Court has become increasingly unpredictable, leading to inconsistent decisions and legislative patches after the fact. Texas, by contrast, has taken deliberate steps to strengthen its business climate. Recent reforms — including TLR-supported Senate Bill (SB) 29, which modernized the Texas Business Organizations Code by codifying the business-judgment rule — give companies clearer guidance and greater flexibility. Combined with the new Texas Business Court, the state offers efficient dispute resolution and a stronger foundation for growth, innovation, and shareholder confidence.
TLR Thoughts: A predictable, fair, and efficient legal system is a powerful economic advantage — and Texas is leading. TLR worked to advance SB 29 and strengthen the Texas Business Court because businesses need a civil justice system on which they can rely. When companies, like Coinbase, choose Texas, it reinforces what we already know: a strong civil justice system attracts investment, fuels innovation, and keeps Texas competitive.
What Happened: New data from Florida shows that comprehensive lawsuit reform is delivering real, measurable benefits for consumers. Since Florida enacted major reforms in 2023, auto and home insurers have begun lowering rates, issuing rebates, and returning stability to a market once overwhelmed by excessive litigation. The Wall Street Journal notes that these reforms are “starting to pay off in a big way.” Read More
Tell Me More: Florida’s reform package tackled the core drivers of abusive litigation — repealing one-way attorney fees, limiting bad-faith manipulation, and ensuring courts rely on actual medical costs instead of inflated charges. Early results have been significant: frivolous lawsuits against property insurers have dropped 25% year-over-year, and combined rate cuts across major carriers now total $1 billion in savings for Florida families. These outcomes directly counter fearmongering from trial lawyers, who have relied on inflated medical billing and manufactured damages to fuel jackpot verdicts.
TLR Thoughts: Florida’s progress underscores a simple truth: when litigation abuse decreases, consumers win. Texas led the nation in lawsuit reform once before, but escalating nuclear verdicts and manufactured medical bills show that vigilance is essential. SB 30 — modeled on the Florida reforms now proving successful — would have delivered relief to Texans by stopping the inflation and manipulation of medical damages. Florida’s results make clear what is at stake: a fairer, more affordable system for every family. It’s time for Texas to finish the job.
TLRPAC-endorsed candidate Sarah Sagredo-Hammond recently shared why she’s stepping forward to represent House District 41. After years advocating at the Capitol as a small business owner, she writes that Austin too often treats the Valley “like a headline and not a home.”
“If we want real change, we have to send real people … If Austin won’t bring the Valley to the table, I’ll bring the Valley to Austin.” — Sarah Sagredo-Hammond
Multiple insurers in Florida are now reducing insurance rates or issuing rebates, evidencing that reforms limiting inflated legal fees and abusive claims are working. Florida is showing what’s possible when leaders put consumers first. TLR will continue fighting to make sure Texas does the same.
That’s how much Florida consumers are saving as insurers cut auto and home rates following Gov. DeSantis’s lawsuit reforms. When abusive claims go down, costs go down. It’s proof that litigation reform delivers real, measurable benefits for families. Read More
Texans for Lawsuit Reform is committed to protecting fairness in our courts, curbing lawsuit abuse and building a civil justice system that empowers families and businesses.
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