2025 Legislative UPDATE: Legal system abuse reform

https://www.FutureOfRisk.com/

Listen as Deirdre Manna of Zurich North America and Adam Shores of the American Property Casualty Insurance Association share a midyear legislative update on tort reform efforts across the U.S. They discuss legislative successes in states such as Florida and Georgia.

The conversation also highlights the expanding coalition working toward fairer legal systems, as well as the challenges that still persist in other states such as Illinois and New York, where new bills threaten to increase costs and liabilities. The guests emphasize the need for ongoing state-level advocacy and coalition building; and share how business involvement is vital for continued progress. Ultimately, these efforts aim to benefit everyday consumers, businesses and the broader economy.

UPDATE: During our conversation, Deirdre Manna mentioned a provision in the “Big Beautiful Bill” that, if passed, would have closed a tax loophole for third party litigation funders. This provision was struck before it was passed.

Record date: 6/27/25

Air date: 7/23/25

In this miniseries, other episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social Inflation: Missing The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

March 26: Premises peril: Unpacking legal risks