Texans for Lawsuit Reform announced that Florida’s 2023 tort reforms led to a 25% drop in lawsuits and a 7–20% reduction in auto insurance premiums, allowing consumers to keep more of their money.
In a post on X, the group said: “Florida acted. Texas didn’t. After Florida passed tort reform in 2023: Lawsuits dropped 25%, auto insurance premiums fell 7–20%, consumers kept more of their money.” The post noted that Texas, which once led on reform, now also appears to be falling behind.
The group highlighted the broader significance of legal reforms on insurance markets and consumer costs. Texas has faced rising home insurance premiums and reduced availability as carriers contend with higher risk, while Florida’s reforms have helped restore competition and market stability.
According to Texas Comptroller of Public Accounts, Florida’s reforms effectively attracted new insurers and reduced reliance on state-run coverage.
Sage Sure said market instability in Texas has been driven by litigation abuse, insurer insolvencies, and rising premiums, but reforms and reciprocal insurance structures are helping align policyholder interests and expand access to coverage.
Texans for Lawsuit Reform, founded in 1994, is a volunteer-led organization advocating for a fair civil justice system across Texas. The group says it supports policies that encourage economic growth and job creation by discouraging unwarranted lawsuits and reports backing from more than 16,800 individuals across over 900 communities.
