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Virginia Should Pump the Brakes on Increasing Auto Insurance Rates

February 13, 2019

Drivers in the Commonwealth of Virginia enjoy some of the lowest auto insurance rates in the U.S. But its House of Delegates is considering giving the green light to a bill that could potentially raise insurance rates for drivers and give the trial bar an E-Z Pass to file more lawsuits.

  1. In the News Today - February 19, 2019

    February 19, 2019 | News

    "Disputes Heating Up Over Gov't Qui Tam Dismissal Authority... Read More

  2. ILR's Harold Kim: Florida Lawmakers Must Fix Assignment of Benefits Crisis

    February 19, 2019 | News

    ILR'S COO Harold Kim and Fla. Chamber of Commerce CEO Mark Wilson have a joint op-ed in the Tallahassee Democrat calling on state lawmakers to fix the growing assignment of benefits (AOB) crisis... Read More

  3. In the News Today - February 15, 2019

    February 15, 2019 | News

    Former West Virginia Chief Justice Sentenced to 2 Years in Prison... Read More

  4. Bill Barr Confirmed as Next Attorney General

    February 15, 2019 | News

    The U.S. Senate has confirmed Bill Barr to be the next U.S. Attorney General by a 54-45 vote yesterday, the National Law Journal reports.... Read More

  5. In the News Today - February 14, 2019

    February 14, 2019 | News

    Missouri Lawmakers Aim to Limit Out-Of-State Plaintiffs in Their Courts... Read More

  6. Senators Introduce The Litigation Funding Transparency Act

    February 14, 2019 | News

    National Law Journal reports that Sens. Chuck Grassley (R-IA), John Cornyn (R-TX), Thom Tillis (R-NC), and Ben Sasse (R-NE) reintroduced the Litigation Funding Transparency Act, which would require third party litigation funding arrangements to be disclosed in litigation.... Read More

  7. Virginia Should Pump the Brakes on Increasing Auto Insurance Rates

    February 13, 2019 | Blogs

    Drivers in the Commonwealth of Virginia enjoy some of the lowest auto insurance rates in the U.S. But its House of Delegates is considering giving the green light to a bill that could potentially raise insurance rates for drivers and give the trial bar an E-Z Pass to file more lawsuits. ... Read More

  8. In the News Today - Februrary 13, 2019

    February 13, 2019 | News

    "Cooperation, Not Lawsuits, Right Way Forward for Florida on Climate"... Read More

  9. "ALI Shouldn't 'Teach' Insurance Restatement In A Courthouse"

    February 13, 2019 | News

    In a Law360 expert analysis piece, the chair and founder of the Mintz Levin law firm's Insurance Practice said the American Law Institute (ALI) should not ask judges "to lend the prestige of their office to aid" the group's marketing campaign of its controversial Restatement of the Law on Liability Insurance (RLLI). ... Read More

  10. Senators Move to Shine a Light on the Litigation Funding Industry

    February 13, 2019 | Blogs

    Billions of dollars are being invested in lawsuits by sophisticated hedge funds that, according to some of these firms, yield huge money for them. Yet neither the defendant, nor in many cases the actual plaintiffs, have any idea that this is happening.... Read More

  11. In the News Today - February 12, 2019

    February 12, 2019 | News

    Settlement Rejection Shows Courts Are Hesitant to Approve Deals "Thin on Details But Rich in Attorney's Fees"... Read More

  1. In the News Today - February 19, 2019

    February 19, 2019 | News

    "Disputes Heating Up Over Gov't Qui Tam Dismissal Authority... Read More

  2. ILR's Harold Kim: Florida Lawmakers Must Fix Assignment of Benefits Crisis

    February 19, 2019 | News

    ILR'S COO Harold Kim and Fla. Chamber of Commerce CEO Mark Wilson have a joint op-ed in the Tallahassee Democrat calling on state lawmakers to fix the growing assignment of benefits (AOB) crisis... Read More

  3. In the News Today - February 15, 2019

    February 15, 2019 | News

    Former West Virginia Chief Justice Sentenced to 2 Years in Prison... Read More

  4. Bill Barr Confirmed as Next Attorney General

    February 15, 2019 | News

    The U.S. Senate has confirmed Bill Barr to be the next U.S. Attorney General by a 54-45 vote yesterday, the National Law Journal reports.... Read More

  5. In the News Today - February 14, 2019

    February 14, 2019 | News

    Missouri Lawmakers Aim to Limit Out-Of-State Plaintiffs in Their Courts... Read More

  6. Senators Introduce The Litigation Funding Transparency Act

    February 14, 2019 | News

    National Law Journal reports that Sens. Chuck Grassley (R-IA), John Cornyn (R-TX), Thom Tillis (R-NC), and Ben Sasse (R-NE) reintroduced the Litigation Funding Transparency Act, which would require third party litigation funding arrangements to be disclosed in litigation.... Read More

  7. In the News Today - Februrary 13, 2019

    February 13, 2019 | News

    "Cooperation, Not Lawsuits, Right Way Forward for Florida on Climate"... Read More

  8. "ALI Shouldn't 'Teach' Insurance Restatement In A Courthouse"

    February 13, 2019 | News

    In a Law360 expert analysis piece, the chair and founder of the Mintz Levin law firm's Insurance Practice said the American Law Institute (ALI) should not ask judges "to lend the prestige of their office to aid" the group's marketing campaign of its controversial Restatement of the Law on Liability Insurance (RLLI). ... Read More

  9. In the News Today - February 12, 2019

    February 12, 2019 | News

    Settlement Rejection Shows Courts Are Hesitant to Approve Deals "Thin on Details But Rich in Attorney's Fees"... Read More

  10. "Securities Class Action Filings Show No Signs Of Abating"

    February 12, 2019 | News

    Three partners with the Skadden Arps law firm said in a Law360 expert analysis piece that they "anticipate the ever-increasing number of securities filings to continue into 2019."... Read More

  11. In the News Today - February 11, 2019

    February 11, 2019 | News

    "Driverless Car Bill Stalls In Congress, So States Gear Up"... Read More

  1. Virginia Should Pump the Brakes on Increasing Auto Insurance Rates

    February 13, 2019 | Blogs

    Drivers in the Commonwealth of Virginia enjoy some of the lowest auto insurance rates in the U.S. But its House of Delegates is considering giving the green light to a bill that could potentially raise insurance rates for drivers and give the trial bar an E-Z Pass to file more lawsuits. ... Read More

  2. Senators Move to Shine a Light on the Litigation Funding Industry

    February 13, 2019 | Blogs

    Billions of dollars are being invested in lawsuits by sophisticated hedge funds that, according to some of these firms, yield huge money for them. Yet neither the defendant, nor in many cases the actual plaintiffs, have any idea that this is happening.... Read More

  3. 30 General Counsel Urge Transparency for Litigation Funding

    January 31, 2019 | Blogs

    As bone-chilling cold grips a large part of the country, a group of 30 general counsel and senior litigators from major U.S. companies gave a cool reception to third party litigation funding (TPLF) in a letter sent today to the Advisory Committee on Civil Rules. The letter supports a petition to the Committee, led by the U.S. Chamber Institute for Legal Reform (ILR) and co-signed by 29 other trade associations, advocating a rule requiring transparency for funding agreements in federal civil lawsuits. ... Read More

  4. A New Day for the Florida Supreme Court

    January 09, 2019 | Blogs

    It won't be long before Major League Baseball's spring training is in the air, and teams flock to Florida to begin tuning up for the regular season...... Read More

  5. Hey UK, Don't Follow in Our Footsteps on Collective Actions

    December 20, 2018 | Blogs

    In June 2019, a UK court will decide if two different huge collective actions will be allowed to move forward, giving plaintiffs' lawyers and litigation financiers massive paydays, while consumers get next to nothing.... Read More

  6. Guest Post: While Congress Tackles Opioid Crisis, Lawyers Seek Payday

    December 19, 2018 | Blogs

    Bipartisanship is rare in Washington these days but there was overwhelming bipartisan support as Congress adopted and the President signed legislation in October to address the opioid epidemic. ... Read More

  7. FCC Takes Important Step to Curb Abusive TCPA Litigation

    December 14, 2018 | Blogs

    The Telephone Consumer Protection Act (TCPA) has been in the spotlight a lot in 2018. From an increased number of frivolous lawsuits, to stories of outrageous fines for minor infractions, it's clear the TCPA desperately needs to be updated. ... Read More

  8. Statement from Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform, on passage of a collective redress proposal out of the European Parliament Legal Affairs Committee (JURI)

    December 06, 2018 | Blogs

    "A new collective action directive will create a whole new world of litigation in Europe and it is crucial that EU lawmakers get it right the first time."... Read More

  9. The U.S. Chamber Institute for Legal Reform Commends Judicial Hellholes for Highlighting Nation's Worst Civil Justice Jurisdictions

    December 05, 2018 | Blogs

    Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR),made the following statement on the release of the American Tort Reform Association's (ATRA) Judicial Hellholes 2018/2019:... Read More

  10. New U.S. Tort Costs Study May Show What's Coming for Europe

    December 04, 2018 | Blogs

    The U.S. tort system can be extremely inefficient, and now a new report shows just how expensive that system is-something the EU institutions should note as they consider the proposed directive on representative actions. ... Read More

  11. American Law Institute: Elite Group of Legal Experts Exerts Growing Influence Over State Law

    December 03, 2018 | Blogs

    This kind of thing isn't supposed to happen. A private group of legal experts has influenced a court to ignore a majority rule and change their application of state law. And it won't be the last time.... Read More

  1. Chamber Calls Florida Verdict Obscene

    July 13, 2000 | Press Release

    WASHINGTON, D.C., July 14, 2000 - The United States Chamber of Commerce called today's decision by a Florida jury, awarding defendants in a tobacco case $145 billion dollars in punitive damages, "an obscene symptom of a court system that is out-of-control. "Trial lawyers have subverted the legal system for their own financial gain," said Bruce Josten, Chamber Executive Vice President. "Legitimate, but politically out-of-favor businesses have been attacked by attorneys driven by the prospect of absurd punitive damage awards."... Read More

  2. Anti-Arbitration Bill Sets Dangerous Precedent, Warns U.S. Chamber of Commerce

    June 07, 2000 | Press Release

    WASHINGTON, D.C., June 8, 2000 - In testimony before the House Judiciary Subcommittee on Commercial and Administrative Law, the United States Chamber of Commerce today criticized the Fairness and Voluntary Arbitration Act, H.R. 534, for undermining contracts and forcing businesses that have agreed to work through the arbitration process into the congested court system.... Read More

  3. Chamber Supports House Judiciary Committee Asbestos Litigation Reform Bill

    March 15, 2000 | Press Release

    WASHINGTON, D.C., March 16, 2000 - The United States Chamber of Commerce today called the House Judiciary Committee's passage of the Fairness in Asbestos Compensation Act (H.R. 1283) an important step toward resolving billions of dollars in compensation claims. The asbestos litigation reform bill is designed to speed settlements, unclog courts and restore a measure of predictability for affected companies. The proposal establishes federal authority to speed compensation to the hundreds of thousands of people physically harmed by asbestos.... Read More

  4. Chamber Supports Keeping Binding Arbitration Current System Works to Settle Disputes Fairly

    February 29, 2000 | Press Release

    WASHINGTON, D.C., March 1, 2000 - The United States Chamber of Commerce called on Congress to maintain the current binding arbitration system for workplace disputes, in testimony before the Senate Judiciary Committee.... Read More

  5. Chamber Says Product Liability Bill Restores Legal Fairness, Protects Small Business

    February 15, 2000 | Press Release

    WASHINGTON, D.C., Feb. 16, 2000 - Legislation passed by the House of Representatives today will reform product liability laws to protect small businesses from costly and frivolous lawsuits that could jeopardize their future, the United States Chamber of Commerce said.... Read More

  6. Chamber Advocates Expanding Health Care Coverage Instead of Expanding Liability

    February 09, 2000 | Press Release

    WASHINGTON, D.C., Feb. 10, 2000 - The United States Chamber of Commerce today warned Congress that American workers want and need expanded access to health care coverage and greater benefits, not expanded access to attorneys and courtrooms. "It's simple health care economics 101: lawsuits equal higher costs, which equals less coverage," said Bruce Josten, Chamber executive vice president. "Three out of four workers now receive health care coverage through their jobs, but new government mandates and expanded liability risks will make doing so increasingly cost prohibitive."... Read More

  7. Chamber Urges Review of Illinois Class Action Suit

    January 24, 2000 | Press Release

    WASHINGTON, D.C., Jan. 24, 2000 - The United States Chamber of Commerce warned that overly lenient state courts are becoming magnets for class action litigation, in an amicus brief filed today in the Supreme Court of Illinois on behalf of State Farm Mutual Automobile Insurance Company. State Farm was hit with a billion-dollar judgment after a state trial court certified a class action suit involving nearly five million plaintiffs in 48 states.<... Read More

  8. Chamber Calls Trial Lawyer Political Contributions a Wake-Up Call for Business

    January 24, 2000 | Press Release

    WASHINGTON, D.C., Jan. 24, 2000 - The United States Chamber Institute for Legal Reform says a new website, "Tracking the Trial Lawyers," tracks how trial lawyers are pouring massive contributions into political campaigns to prevent the election of pro-legal reform candidates.... Read More

  9. Chamber of Commerce Endorses House Action on Class Action Reform

    September 23, 1999 | Press Release

    WASHINGTON, D.C., Sept. 23, 1999 - The Interstate Class Action Jurisdiction Act (H.R. 1875) passed the House of Representatives 222 to 207 to the applause of small and large businesses across the country, according to the United States Chamber of Commerce.... Read More

  10. Class Action Reform Vital to Business Says United States Chamber of Commerce

    September 22, 1999 | Press Release

    WASHINGTON, D.C., Sept. 23, 1999 - The Interstate Class Action Jurisdiction Act currently before Congress is essential to address the frivolous lawsuits currently undermining both small and large businesses, according to the United States Chamber of Commerce. "This bill will stop abusive cases that trample the rights of defendants and do little more than line the pockets of unscrupulous trial lawyers," said U.S. Chamber of Commerce Executive Vice President Bruce Josten. "HR 1875 is bi-partisan lawmaking at its best."... Read More

  1. ILR Research Review - Fall 2018

    November 20, 2018 | Research

    ILR's Fall 2018 research cycle was about two things: spotting new, destructive legal trends before they become unstoppable, and highlighting concrete progress in addressing long-standing litigation challenges. The 2018 Fall Research Review reveals the exploding costs of the U.S. tort system, and examines developments in securities litigation, forum shopping, False Claims Act policy reform, and the European Commission's project to implement class actions.... Read More

  2. Costs and Compensation of the U.S. Tort System

    October 24, 2018 | Research

    The tort system cost Americans $429 billion in 2016. That's the principal finding from ILR's new research, which arrives at that shocking figure by examining data on liability insurance premiums and estimates of the liability exposure of businesses and individuals that are uninsured or self-insured. The research also indicates that only 57 percent of the $429 billion went to plaintiff compensation. The rest went to lawyers' fees and other expenses.... Read More

  3. A Rising Threat: The New Class Action Racket That Harms Investors and the Economy

    October 24, 2018 | Research

    Abusive securities class action lawsuits are imposing huge costs on investors without providing any benefit, and the only winners are the lawyers, who take home millions of dollars in fees. This research documents how the plaintiffs' bar has adapted to the litigation reforms of the ‘90s to launch a new wave of securities class actions-one that is already reaching record heights.... Read More

  4. A 'Fair Deal' for Consumers? An Update on EU Consumer Attitudes Towards Collective Actions and Litigation Funding

    July 11, 2018 | Research

    As the European Commission's proposal on collective actions (known as class actions in the United States) makes its way through the European Union's legislative process, it is important to assess EU consumer opinion of the proposal and the safeguards included (and not included) in the legislation. This survey captured the views of 5,097 consumers across five EU Member States.... Read More

  5. Lighting the Way: FCA Reform and Compliance Program Credit

    June 27, 2018 | Research

    This paper contends that in order to encourage companies to create and sustain a culture of consistent compliance, particularly with regard to the federal False Claims Act, the U.S. Department of Justice should formalize a policy of offering credit for companies that implement effective compliance and ethics programs.... Read More

  6. BMS Battlegrounds: Practical Advice for Litigating Personal Jurisdiction After Bristol-Myers

    June 04, 2018 | Research

    The U.S. Supreme Court's decision last year in Bristol-Myers Squibb Co. v. Superior Court was a clear statement that the days of blatant, unchecked plaintiff forum shopping in search of outsized verdicts are at an end. ILR's research explores this paradigm shift and provides practical advice for defendants litigating BMS in the trenches.... Read More

  7. ILR Research Review - Spring 2018

    May 31, 2018 | Research

    The Spring 2018 ILR Research Review explores a wide range of long-standing and emerging issues in legislation, regulation, and litigation, including artificial intelligence and other emerging technologies, state qui tam False Claims Acts, West Virginia legal reforms, and asbestos bankruptcy trusts.... Read More

  8. Torts of the Future: Autonomous Vehicles

    May 17, 2018 | Research

    Among all emerging technologies examined in ILR's Torts of the Future research papers, autonomous vehicles (AVs) may be popping up in headlines more than any other. In order to respond to this trend in public policy and interest, and to provide a valuable tool for legislators, regulators, and businesses seeking to learn more about this topic, ILR has compiled insights from two years of research on emerging liability and regulation issues for autonomous vehicles.... Read More

  9. Torts of the Future II: Addressing the Liability and Regulatory Implications of Emerging Technologies

    April 18, 2018 | Research

    The second edition of ILR's Torts of the Future research examines evolutions in regulatory and liability trends for emerging technologies including artificial intelligence, virtual reality, wearable devices, and 3D printing. The research also presents a number of updated guiding principles to inform courts, legislators, and policymakers as they seek to address privacy and safety concerns without derailing or delaying innovation.... Read More

  10. Dubious Distribution: Asbestos Bankruptcy Trust Assets and Compensation

    March 08, 2018 | Research

    The asbestos bankruptcy trusts, created with the goal of sustainably processing and paying valid asbestos personal injury claims, are quickly being depleted. ILR's research finds that of the 35 asbestos trusts operating as of early 2008, 21 are paying an average of 40 percent less today than in 2008, putting future compensation for asbestos victims in doubt. The paper documents the causes of this rapid depletion, including the highly significant impact of attorney contingency fees.... Read More

  11. The Great Myths of State False Claims Acts

    February 28, 2018 | Research

    The 2018 update to "Great Myths of State False Claims Acts" shows that the whistleblowers' bar is continuing to capitalize on state qui tam False Claims Acts (FCAs), harvesting windfall awards from states and the federal government. The paper also points out that the dubious benefits of implementing a state FCA turn into a clear financial net negative when states allow their FCAs to fall out of compliance with federal standards.... Read More