The U.S. Chamber of Commerce Institute for Legal Reform has expressed support for Governor Brian Kemp's tort reform package, stating it will reduce excessive litigation costs and promote fairness in Georgia's legal system. The announcement was made in a report released on March 11.
On January 30, 2025, Governor Kemp introduced a comprehensive tort reform package aimed at overhauling Georgia's civil litigation system. According to the official announcement from the Governor's office, the reforms are intended to address the root causes of excessive litigation, reduce associated costs, and create a more balanced legal environment for businesses and consumers alike. This initiative highlights the state's commitment to fostering a fair and efficient judicial system.
According to the Insurance Information Institute, excessive litigation is contributing to rising auto insurance costs as insurers are now paying out more than $1.10 for every $1 collected in premiums. Third-party litigation funding allows hedge funds and other investors to profit from lawsuits, which increases settlement payouts and inflates legal expenses. Triple-I CEO Sean Kevelighan says, "The price of insurance is the effect, not the cause of risk, and there must be more work done to curb legal system abuse."
The U.S. Chamber of Commerce is described as the world's largest business organization, representing companies of all sizes across industries. It advocates for policies that drive economic growth, connects business leaders with government officials, and provides resources to help businesses succeed in a complex market.