. . . a study by John Ashcroft's Justice Department found that the number of tort trials declined by nearly 80 percent between 1985 and 2003. If the number of lawsuits is rapidly shrinking, but the cost of insurance keeps getting more expensive, then how can frivolous lawsuits be the problem?
What this state [Florida] needs is insurance reform, and we needed it last year, instead of Senate Bill 3. Did you know that property casualty insurance companies increased their annual profits from $3 billion in 2002, to over $40 billion in 2004?
What is so distrssing is that through lack of attention, lack of interest, and/or lack of knowledge, the public is letting Big Insurance and its shills [including, apparently, the Bush Administration] ride roughshod over its rights. I saw the President answering questions today on TV, and he was casually candid about his agenda: limit lawsuits. Not cut insurance rates, not reduce "frivolous" litigation, but limit lawsuits.
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