Business & Economics

Business & Economics

Illinois, NY among usual tort suspects in PRI study

Legal Newsline.com, March 11, 2008 Madison-St. Clair Record (IL), March 11, 2008 SAN FRANCISCO — Florida ranks worst in two key litigation-risk factors for business but will likely improve in future thanks to recent tort-reform measures, a nationwide study revealed today. The Pacific Research Institute’s 2008 U.S. Tort Liability Index ...
Business & Economics

Legal Costs, Driving Out Economic Growth

The Pacific Research Institute has just released its latest study on the civil litigation climates in each of the states, “U.S. Tort Liability Index: 2008 Report.” Indexwise, good news for North Dakota, bad news for Florida. The study takes a twofold approach toward assessing a state’s tort climate — its ...
Business & Economics

U.S. Tort Liability Index: 2008 Report

The U.S. Tort Liability Index: 2008 Report measures the best and worst tort systems in America. The Pacific Research Institute developed the Index as a tool for governors and state legislators to assess their tort systems and to enact laws that will improve the business climates of their states. The ...
Business & Economics

Pacific Research Institute Releases 2008 State-By-State Ranking of the Best and Worst Tort Systems in America

San Francisco (Marach 11) – Today, the Pacific Research Institute released its report comparing the legal climates of all 50 states. According to the U.S. Tort Liability Index: 2008 Report, Florida ranked the worst in terms of tort costs and litigation risks, while North Dakota ranked the best. In a ...
Business & Economics

Town leaders knew of rising trash fees

Americans pay a “tort tax” of $865 billion a year, according to last year’s estimate by the Pacific Research Institute. This figure represents money taken out of the economy via awards, settlements, lawsuit-avoidance tactics and price inflation of products and services provided by litigation-prone industries. The scholarship is challenging, but ...
Business & Economics

On Those Oil Profits

When it comes to public hatred of big business, there’s no better target than oil companies. This hatred has been all the more intense since Exxon Mobil announced last year’s net income at $40.6 billion, the largest-ever profit for a publicly-traded company. With the threat of recession looming, many policymakers ...
Business & Economics

There’s Gold in That Net: Golden State’s Legislators Could Let Special Interests Mine the Internet

On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Business & Economics

Making the Mortgage Mess Worse

Recently the Bush administration unveiled a plan for homeowners facing foreclosure to receive a 30-day reprieve from their creditors. This might come as welcome news in Sacramento where a jaw-dropping 46 percent of December sales were foreclosed homes. Unfortunately, the latest plan-as well as earlier government ideas to freeze rate ...
Business & Economics

Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26

Letter to the Editor Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26 Stall needs a history lesson. In 1991, facing an inherited $14.3-billion budget deficit, Wilson and state legislators agreed to raise taxes by $7.2 billion. Politicians assumed that hikes would increase long-run tax revenues, thereby closing the ...
Business & Economics

Impact – February 2008

PRI Ideas in Action – February 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
Business & Economics

Illinois, NY among usual tort suspects in PRI study

Legal Newsline.com, March 11, 2008 Madison-St. Clair Record (IL), March 11, 2008 SAN FRANCISCO — Florida ranks worst in two key litigation-risk factors for business but will likely improve in future thanks to recent tort-reform measures, a nationwide study revealed today. The Pacific Research Institute’s 2008 U.S. Tort Liability Index ...
Business & Economics

Legal Costs, Driving Out Economic Growth

The Pacific Research Institute has just released its latest study on the civil litigation climates in each of the states, “U.S. Tort Liability Index: 2008 Report.” Indexwise, good news for North Dakota, bad news for Florida. The study takes a twofold approach toward assessing a state’s tort climate — its ...
Business & Economics

U.S. Tort Liability Index: 2008 Report

The U.S. Tort Liability Index: 2008 Report measures the best and worst tort systems in America. The Pacific Research Institute developed the Index as a tool for governors and state legislators to assess their tort systems and to enact laws that will improve the business climates of their states. The ...
Business & Economics

Pacific Research Institute Releases 2008 State-By-State Ranking of the Best and Worst Tort Systems in America

San Francisco (Marach 11) – Today, the Pacific Research Institute released its report comparing the legal climates of all 50 states. According to the U.S. Tort Liability Index: 2008 Report, Florida ranked the worst in terms of tort costs and litigation risks, while North Dakota ranked the best. In a ...
Business & Economics

Town leaders knew of rising trash fees

Americans pay a “tort tax” of $865 billion a year, according to last year’s estimate by the Pacific Research Institute. This figure represents money taken out of the economy via awards, settlements, lawsuit-avoidance tactics and price inflation of products and services provided by litigation-prone industries. The scholarship is challenging, but ...
Business & Economics

On Those Oil Profits

When it comes to public hatred of big business, there’s no better target than oil companies. This hatred has been all the more intense since Exxon Mobil announced last year’s net income at $40.6 billion, the largest-ever profit for a publicly-traded company. With the threat of recession looming, many policymakers ...
Business & Economics

There’s Gold in That Net: Golden State’s Legislators Could Let Special Interests Mine the Internet

On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Business & Economics

Making the Mortgage Mess Worse

Recently the Bush administration unveiled a plan for homeowners facing foreclosure to receive a 30-day reprieve from their creditors. This might come as welcome news in Sacramento where a jaw-dropping 46 percent of December sales were foreclosed homes. Unfortunately, the latest plan-as well as earlier government ideas to freeze rate ...
Business & Economics

Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26

Letter to the Editor Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26 Stall needs a history lesson. In 1991, facing an inherited $14.3-billion budget deficit, Wilson and state legislators agreed to raise taxes by $7.2 billion. Politicians assumed that hikes would increase long-run tax revenues, thereby closing the ...
Business & Economics

Impact – February 2008

PRI Ideas in Action – February 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
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