Insurance Institute Launches Campaigns on Lawsuit Costs

Mychesco
The Insurance Information Institute launched campaigns in Oklahoma and Wisconsin to highlight the economic impact of lawsuit abuse and advocate for tort reform.

Summary

The Insurance Information Institute (III) has initiated awareness campaigns in Oklahoma and Wisconsin to draw attention to the economic consequences of legal system abuse and to promote tort reform. These campaigns utilize digital advertising, including targeted Facebook ads and placements near state capitols, as well as highway billboards in Oklahoma City. The III argues that a “hidden tort tax” burdens residents, estimating annual costs of $1,355 per person in Wisconsin and $979 in Oklahoma, contributing to job losses – 68,658 in Wisconsin and 33,656 in Oklahoma.

According to Sean Kevelighan, CEO of the III, the expansion into Oklahoma and Wisconsin builds upon successful campaigns previously conducted in California, Illinois, and Missouri, as part of broader 2026 advocacy efforts. The timing of the campaigns is strategic, aiming to influence lawmakers during the final stages of their legislative sessions.

The III’s messaging connects increased attorney advertising and third-party litigation financing to rising insurance premiums and consumer costs, seeking to influence legislative action and raise awareness about the link between litigation and insurance pricing. The Insurance Information Institute is affiliated with The Institutes, a nonprofit organization dedicated to risk management and insurance education.

(Source:Mychesco)

Australian Financial Review

McDonald’s class action: Justice Michael Lee orders AI use to cut legal costs in $100 million underpayment case

PerthNow

Thousands of Aussies to share in $249 million settlement after superannuation class action

PerthNow

Commonwealth Bank, Colonial First State and Avanteos settle $249m class action

Et Now

Subhash Chandra's 99.97% haircut explained: What it means in the Rs 6.5-crore settlement

Ellwood City Ledger

Why Pa.'s $516M from Meta suit is less valuable than 2 hours a day

Mint

Setback for Anthropic? Sony, Warner Chappell file lawsuit against AI firm, accusing it of intellectual property theft

Hindustan Times

HC orders Orris MD’s release after settlement with Godrej Properties | Mumbai news

Hoodline

Rhode Island Second-Home Tax Lawsuit Could Reshape NYC's Pied-à-Terre Fight

Google News

EPFO 3.0: Centralised database, UPI and ATM withdrawal options, quicker settlement — Changes for subscribers, explained

Cbs News

What Meta's massive $17 billion social media addiction settlement means for your family

Fortune

Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement | Fortune

Bkreader

Settlement Forces Zillow & Redfin to Compete Again

Breakingbelizenews

Have you seen them? Credit Settlement Agency requests public assistance

Mint

Meta’s $18 bn child safety settlement comes with a catch: Why TikTok, YouTube, Snapchat’s actions matter | Explained

CNET

Equifax Class Action: Last Chance to Claim Part of the $2.2M Settlement