S1 E54 NY Potential Legislative Bill Costs For You

Send us Fan MailThis Deep Dive is based straight from the editorial from the New York Post which strongly urges Governor Kathy Hochul to veto a package of "lawsuit-boosting bills" that the Legislature is preparing to send to her desk. The authors contend that New York's legal system is already fiscally irresponsible, citing a recent $50 million jury award in a negligence case as evidence of excessive judicial payouts. This overly litigious atmosphere is framed as a serious affordability crisis because it forces insurance companies to raise rates, making health, auto, and general coverage drastically more expensive for all residents. We will specifically discuss several bills, including measures that would grant automatic jurisdiction over foreign companies doing business in the state and dramatically expand liability under the controversial "Grieving Families Act." These legislative changes would ultimately benefit only trial lawyers while further inflating living expenses for New York taxpayers.Dive In and share your thoughts!Support the show