Two proposed laws aim to curb nuclear verdicts, and narrow trucking-company liability. It’s part of a movement to reduce so-called nuclear verdicts, or those over $10 million. A new study claims Texans are paying more for goods and services because of these verdicts.
Two bills introduced in the 89th Texas Legislature aim to reform lawsuits, and address what critics say are nuclear verdicts—the cost of which businesses pass on to consumers.
According to Texans Against Lawsuit Abuse, “nuclear verdicts,” or jury awards of $10 million or more, are driving up the cost of doing business in the state.
