BATON ROUGE, La. – Ahead of the 2025 Legislative Session, the Louisiana Association of Business and Industry (LABI) released the following statement regarding ongoing efforts to enact legal reform on behalf of President and CEO Will Green.
“Insurance reform is a top priority for LABI, as it is for citizens across the state. We remain fully committed to advocating for commonsense legislation to address this crisis head-on by bringing much-needed transparency and fairness to Louisiana’s legal system.
“For far too long, we have failed to enact the reforms necessary to curb lawsuit abuse, prevent jackpot justice and attract more insurers to the state. The result has been a legal climate where lawyers cash in and Louisianans lose out, forcing them to shutter their businesses or relocate to friendlier states.
“We have actively worked with numerous lawmakers and Insurance Commissioner Tim Temple on a comprehensive package of bills that, if passed, will signal Louisiana is open for business. It’s time to follow the lead of our southern neighbors and prioritize our people and businesses and put an end to the lawsuit abuse that has driven this crisis.”
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