Say What?

Consumer advocate says “you might get better rates in tort reform states”?  We not exactly, but this is what Robert Hunter was quoted as saying by the National Underwriter (Reg. Req’d)

[Hunter] said that historically, the trend has been that rates in states with and without tort reform measures rise and fall at the same pace. "You might see somewhat better rates in tort reform states," he conceded, but overall in the next decade Mr. Hunter said he believes rates will be down in all states.

But, would it not be even better if premiums go down further if tort reforms are enacted?  He seems to be suggesting that in addition to the crisis being over because rates haven't increased this year (see here and here), that a ten percent reduction is no better than a five percent reduction.

Comments

[Evan]

I agree RiskProf, tort reforms further dropping premiums would be a better world. If only...
Keep them coming!