NAMIC Applauds Enactment of Georgia Tort Reform

Caitlin Murray, senior regional vice president, southeast, at the National Association of Mutual Insurance Companies (NAMIC) made the following statement about today’s signing of comprehensive legal reform in Georgia:

“Gov. Brian Kemp’s leadership of Georgia’s historic step forward to rein in legal system abuse will benefit both insurers and policyholders by containing runaway litigation costs. NAMIC commends enactment of comprehensive legal reform which will create a fairer litigation environment in the Peach State.

“As cost pressures including extreme weather, inflation, and regulatory overreach push insurance rates up nationally, confronting legal system abuse can bring relief to consumers. Gov. Kemp and the Georgia legislature deserve credit for putting fair and effective solutions into place to strengthen the state’s insurance marketplace and increase competition.

“As other states wrestle with their unique challenges, those struggling with legal system abuse and seeking concrete ways to limit insurance costs should follow in Georgia’s footsteps.”