Bipartisanship is rare in Washington these days but there was overwhelming bipartisan support as Congress adopted and the President signed legislation in October to address the opioid epidemic. Read More
California plaintiffs' lawyers came out in force last week to stop a bill that would make deceptive drug lawsuit advertising by lawyers a violation of the state's major consumer protection law. The bill was unanimously passed by the California Assembly in May, but a hearing scheduled before the state Senate Judiciary Committee for July 3 was abruptly cancelled after the politically-powerful group, Consumer Attorneys of California, voiced its opposition. Read More
Plaintiffs' lawyers spend hundreds of millions of dollars on lawsuit advertising. A lot of this money flows to ads for lawsuits targeting prescription drugs and medical devices. The imagery is all too familiar: the TV screen flashes red, an ambulance siren goes off, spray-tanned actors dressed like doctors pronounce exaggerated warnings in dire tones, and at the end a number shows up on screen and the viewer is encouraged to join a lawsuit. Read More
The life insurance industry has long been a cornerstone of the American economy - a source of financial security for 75 million households, as well as a major institutional investor in United States corporations. Over the past several years, however, life insurance companies have been buffeted by a storm of regulatory inquiries, audits, settlements and civil litigation concerning the payment of death benefits and the "escheatment" of unclaimed insurance proceeds to various states. Read More
Statement by James Wootton, President of the US Chamber's Institute for Legal Reform (ILR), regarding the death of ILR Board Member Barbara Olson, who perished Tuesday, September 11, 2001, on American Airlines Flight 77, which crashed into the Pentagon. Read More