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Wednesday, July 26, 2017
Fewer Personal Injury Lawsuits Confirmed by Wall Street Journal
Insurance Companies would have us believe that the number of personal injury lawsuits are spiraling out of control.
There are many politicians who pander to them that also posture about this.
Yet, as confirmed by the Wall Street Journal, the number of personal injury suits are actually down.
By a lot. According to their findings, the number of such suits are down 500%.
Some of the reasons are because of changes in laws. In Pennsylvania, there's been a change in the "joint tortfeasor"
laws in the past 4 years. This has limited the ability of injured victims to recover against a defendant
who has adequate insurance when there is another defendant who is uninsured or doesn't have enough insurance.
Also the article cites to the rising cost of litigating cases. Personal Injury cases require a medical
expert to do a report and then to testify at trial. Suits also involve filing fees, depositions, and other types
of experts depending on the case. Often, these costs can have the effect of discouraging injured
victims from filing suit.
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