Keep GA Red - FWFA - Dec 2020

In California and several other states, a movement is underway to enact legislation that would allow accident victims to sue the insurance company of the person allegedly responsible for their injuries. In California, the movement is known by the shorthand term, "Royal Globe"—the name of a 1979 state Supreme Court decision that authorized lawsuits of this kind for nearly a decade. The current effort to resurrect Royal Globe-type lawsuits by statute is being led by California’s trial lawyers, who no doubt remember the 1980s as a time when they were able to extract millions of dollars from insurance policyholders thanks to Royal Globe’s "third-party bad faith" rule.

There is a new multi-billion dollar investment opportunity in Texas and across the country. A deal that creates percentage returns in the tens of thousands. America’s new hot investment is the class action lawsuits in state courts. While plaintiffs often receive only coupons or pocket change, trial lawyers are reaping huge fees. Legislation has been introduced in the Texas Legislature which would be a positive step toward reining in frivolous class actions and harness the trial lawyers who bring them. The Class Action Lawsuit: A Good Idea Gone Bad

The following is the text of a letter that was sent by CSE Board Chairman C. Boyden Gray to each of the state attorneys general. March 26, 1999 Dear Attorney General: Justice is done when the innocent are protected, the wronged are righted and all are afforded the same treatment under the law. Economic regulation bears a very heavy burden of justification, which has not been met, and pursuit of the pending antitrust suit against the Microsoft Corporation is economic regulation pure and simple.

Approximately five million state and local employees are exempt from Social Security and instead participate in retirement plans administered on the state and local levels. The history of those retirement plans provides valuable information for policymakers attempting to reform the federal program.

CHARTER SCHOOLS Most parents agree: Our current education system needs improvement. Charter schools can help by bringing competition, accountability, opportunity, and innovation to our public schools. Parental involvement is a key factor in your child’s success at school, and a key factor in the success of charter schools. Why?

With a growing consensus developing in favor of transforming Social Security into a system of individually owned, privately invested accounts, critics of privatization have begun warning that individual accounts would be too complex and costly to administer. However, a careful examination of the administrative issues involved in individual accounts shows that, while administrative issues should be carefully considered in designing a privatized system, individual accounts are both administrable and affordable.