Georgia’s new lawsuit abuse reform legislation: A lifeline for small businesses and communities

Georgia has taken a notable step forward in safeguarding small businesses protecting consumers and ensuring a fairer legal milieu for all The passage of Senate Bills and marks a preeminence not just for small business owners but for Georgia s business activity as a whole Taking on the trial lawyers was no easy task but that s exactly what Governor Brian Kemp State Senator John Kennedy and countless other lawmakers did As the bill was gaining momentum one Georgia trial lawyer even threatened to sue small business owners that spoke up in promotion of reforms Remarks like those acutely highlight the need for restructuring Residential construction is a vital industry in Georgia as the state faces a housing affordability dilemma Home builders across the state various of whom are small business owners are committed to making sure every Georgian can realize the dream of home ownership But one lawsuit even if they were not at fault can wipe them out of business through higher insurance premiums The Home Builders Association of Georgia applauds these reforms calling them a monumental step toward reducing lawsuit abuse lowering insurance costs and protecting hardworking Georgians The Home Builders Association of Georgia was proud to stand with multiple other small business owners across the state encouraging lawmakers to promotion tort reorganization For years small businesses in Georgia have been drowning under the weight of frivolous lawsuits that drive up insurance premiums and divert vital materials away from innovation and development This issue has become a severe threat to the livelihood of a multitude of As highlighted by the Georgia Chamber of Commerce SB directly addresses the rising tide of lawsuit abuse that has negatively impacted small business owners across the state These new laws offer critical protections that will make Georgia a more affordable and competitive place to do business As Governor Kemp commented in his press conference unveiling these reforms earlier this year grocery stores hospitals road pavers small business owners truckers restaurants mom-and-pop stores are all facing threats to their livelihood as a product of lawsuit abuse Home builders are no different These frivolous lawsuits are impacting our businesses and our ability to build houses and address the critical housing shortage in Georgia Georgia s tort revision package is not just about reducing insurance premiums It s about ensuring that our courts can focus on justice rather than being bogged down by meritless declares Notably nothing in these bills prevents casualties from accessing justice Juries still have the independence to determine awards Thank you Governor Kemp Senator Kennedy and every lawmaker who worked tirelessly to pass these bills You ve given Georgia s businesses workers and communities a fighting chance to thrive The post Georgia s new lawsuit abuse change act A lifeline for small businesses and communities appeared first on Rough Draft Atlanta