Benefits of Tort Reform Questioned

From 2003 through 2006, Ohio policymakers advanced a responsible package of lawsuit reforms designed to mitigate the wave of frivolous lawsuits being brought against businesses. The reforms to Ohio’s tort or injury laws have been championed by business organizations including the OMA. The reforms rationalized risk for plaintiffs and defendants, enhancing Ohio’s economic competitiveness. Insurance premiums have dropped in the aftermath, reflecting the added predictability.

Ohio Capital Journal this week ran a story on the unexpected consequences of tort reforms. It is believed the article was likely spun by enterprising plaintiffs lawyers looking to build momentum for Ohio to return to a riskier lawsuit environment.

The OMA Government Affairs Committee will dig deeper into the matter at its meeting on Nov 18. All members are welcome; register here. 11/4/2021

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