Word: tort
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...President Bush and other Republicans, whose campaigns are supported by doctors and insurance firms, endorse such legislation, and the House of Representatives has passed a bill along those lines. But plaintiffs' lawyers, who contribute heavily to the campaigns of Democrats, are lobbying their friends in the Senate, and national "tort reform" may remain more of a rallying cry than a real prospect...
...Angeles--based company has retreated to California, pulling out of the malpractice business in other states. Says Zuk: "We knew that there was a risk when you go into a state without tort reform"--limits placed on personal-injury lawsuits and damages. "We thought the rates were sufficient, so we went with it. Today I know what's going on around the country. I won't go into Texas, Florida or any of the states I pulled back from until there's some semblance of tort reform...
...You’re going to have everything from real estate to tort matters, occasionally perhaps even a criminal matter of some sort,” said Holder, now a partner at Washington law firm Covington and Burling. “I’d think you’d be looking for someone who’s very accomplished but also someone who’d be familiar with a wide range of subject areas...
...This is not a hard problem to fix. Tort reform is not rocket science. A reasonable bill passed the House of Representatives just last year but died in the Senate, where the trial-lawyer lobby rules. The elements of a fix are simple: no limit on plaintiffs' lost earnings or other costs, a reasonable cap on pain and suffering ($250,000 in the House bill), a similar cap on punitive damages, serious penalties for frivolous lawsuits...
This is not a hard problem to fix. Tort reform is not rocket science. A reasonable bill passed the House of Representatives just last year but died in the Senate, where the trial-lawyer lobby rules. The elements of a fix are simple: no limit on plaintiffs' lost earnings or other costs, a reasonable cap on pain and suffering ($250,000 in the House bill), a similar cap on punitive damages, serious penalties for frivolous lawsuits...