I don't want some politician feigning economic efficiency to tell me there's a limit to how much I "deserve" by setting a limit.
Plus punitive damages are supposed to be, you know, punitive.
I don't want some politician feigning economic efficiency to tell me there's a limit to how much I "deserve" by setting a limit.
Plus punitive damages are supposed to be, you know, punitive.
And what about the insurance companies? I'm not one of those people who hate insurance companies, but they make some ridiculous decisions sometimes that warrant being sued. Basically, setting a limit on the amount I can get from them in the event of their negligence is just ensuring that their profits aren't hurt and gets rid of the incentive to not make those bad decisions.
Tort reform: loser pays all costs incurred by the winner.
What's wrong with that scenario? Lets hear from both sides.
I'm not disagreeing with you. That was a tl;dr
Tort reform: loser pays all costs incurred by the winner.
What's wrong with that scenario? Lets hear from both sides.
It's pretty obvious that a law like that would discourage people from trying to seek damages in court, which is the problem with all tort reform
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