Explore how the tort system impacts insurance premiums and household costs, with insights on litigation funding and proposed reforms for stabilizing the insurance market.

The U.S. personal auto insurance industry reported improved underwriting results in 2024 with a net combined ratio of 95.3, driven by strong premium growth and loss control. However, legal system abuse and regulatory challenges pose ongoing risks to profitability and market stability.

Louisiana's NFIB advocates for insurance reforms to lower premiums and address lawsuit abuse affecting small businesses. Bills targeting legal system fairness are set for House vote soon.