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)

Reuters

Abbott Labs must face lawsuit over PediaSure children's growth claims

TechRadar

Ring has been collecting visitor's facial biometrics without consent, class action lawsuit alleges

The Guardian

Police can use force to move body parts during strip-searches, NSW argues in appeal court

Snopes.com

L'Oréal-owned CeraVe faces 6 class action lawsuits over claims products contain cancer-causing chemical

AM New York

Transgender patients file class action against NYU Langone to stop health system from turning over medical records to Trump admin

The Guardian

Campaign to deliver ‘biggest complaint Fifa has ever received’ launches before World Cup

The Hindu

Israel plans major West Bank settlement expansion despite legality concerns

Bitcoin News

Mastercard Opens Stablecoin Settlement to 6 Partners Across USDC, RLUSD and PYUSD

Nairametrics

YouSend Goes Live in UK and Canada, Using Stablecoin Settlement to Rewire the African Remittance Corridor

Investing News Network (inn)

Axsome Therapeutics Announces Settlement Resolving All SUNOSI® Patent Litigation

Protothema

The details of the new 72-installment debt settlement for tax and social security arrears: Who can pay from €30 per month

Pymnts

Mastercard Prepares to Expand Network Capabilities for New Settlement Choices

Coindesk Indonesia

Mastercard expands on-chain settlement in bet on stablecoins and always-on finance

Headtopics

John Wick Franchise Hit with $10 Million Lawsuit Over Copyright Infringement

Screenrant

John Wick Writer & Production Company Hit With $10M Lawsuit