No, I showed before in a report that the average insurance company makes less than 4% profit. That is very modest and reasonable.
On the other hand, trial lawyers make anywhere from 40% or more on these huge lawsuits. In a million dollar case a lawyer would make 400 grand or more. Pretty good pay for maybe 100 hours of work tops.
And you are the one who was injured or crippled and may need that money to survive on. Why should they get so much??
But guess who the single biggest donors to the Democratic Party have been for decades? You got it, trial lawyers.
This is why the original bill introduced by the Dems did not have one word on tort reform. They are looking out for these ambulance chasers who stash money in their pockets.
You really do not understand what is going on.
You don't read very well. I agreed that tort reform would help a lot.