Virtually every job creator in Texas has the potential to encounter an accident that can evolve into a company-threatening lawsuit. Businesses want to do the right thing when someone is injured due to the actions of their employees. At the same time, no employer wants to be held for ransom in a lawsuit by a person who was not injured or who caused his own injury.
Texas’ litigation
environment has
shifted from protecting
legitimately injured
Texans to targeting all
job creators, impacting
every industry in our
economy.
Insurers are afraid to go to
court in Texas. Instead,
they settle cases and pass
the cost on to their clients,
who must then choose
between raising prices,
firing employees or closing
their doors.
Legislative reforms can
restore fairness
and transparency to the
legal system and return stability
to the insurance market.
Two bills introduced in the 89th Texas Legislature aim to reform lawsuits, and address what critics say are nuclear verdicts—the cost of which businesses pass on to consumers.
Texans pay an average of $1,725 more for goods and services every year as the cost of lawsuits and massive court awards are passed on to consumers.
Texans for Lawsuit Reform (TLR), the Texas Trucking Association (TXTA) and the Texas Food and Fuel Association (TFFA) released the following statement today upon Lt. Gov. Dan Patrick’s announcement of the second round of his top 40 priority bills for the 89th regular legislative session
The financial impact of tort lawsuits on Texas households cost $38 billion in 2022, according to a new report by the U.S. Chamber of Commerce. The report cites tort costs ranging from expenses associated with litigation, to compensation paid to claimants, and administrative costs to process claims as examples of
LSEA advocates for policies that ensure employers can continue to create jobs and safely provide the goods and services that are essential to Texas families. LSEA is comprised of nearly 150 business associations and 1,000 Texas job creators and individuals who share a common mission: to curtail the skyrocketing cost of doing business by exposing unfair litigation practices and their impact on the jobs and businesses that fuel our economy.
Leg Ad Paid for by Lone Star Economic Alliance, Lee Parsley, President, 919 Congress Ave #455, Austin, Tx 78701
