Lege TREND. Tort Reform for Auto Insurance.

Where: Lousiana

What: SB 418 (2020 | LA)

How does Lousiana’s SB 418 offer tort reform and lower auto insurance rates?

  • caps damages
  • limits when insurance companies can be sued directly

The reduction in insurance rates that is estimated after 1 year? 10%

Insurance Journal | Louisiana Legislature Passes Auto Accident ‘Tort Reform’ Bill