You didn’t cite any factors. You seem to confuse your opinions with facts, which may be why you struggle. Or maybe you’re just an insurance lobbyist, in which case your willful ignorance is required.

At the end of the day, though, insurance rates have gone down and carriers have entered into new markets nationwide, “reform” or no reform. Quite simply, that kills your claims. What’s even more comical about your claims is that this is the third “crisis” in the last 30 years, and every time it’s the same story. But again, why bother you with the facts, eh?

The link doesn’t work, chief, there’s no paper there. I guess that explains your lack of insight! I wouldnt’ rely on that, although reading nothing would probably give you more meaningful talking points.

Judging from the little bit you said, it sounds as though you’re only looking at the number of claims to judge what is or isn’t a crisis. Typical, but silly. Do you have anything that factors in other pieces of the puzzle?

You didn’t refute the fact that you were wrong about the article being unsourced, and you didn’t refute any of the factors I cited that made our two sets of examples entirely uncomparable. You made an effort to change the subject, but I’m not interested in doing that.

I appreciate your efforts, it’s entertaining and comical, but please, if you can’t even provide a valid link or stay on topic, much less refute the points that disprove your rhetoric, perhaps it’s best to just close the thread. I’ve done all I can to help you.

What’s even more unsurprising is that during the “crisis” years, claims in Texas didn’t change that much:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=770844

You better not read that though, Matthew. Wouldn’t want to expand your meager knowledge of how insurance works.

Unsurprisingly, I’m still waiting.

And one of those claims even proves the “lies, damn lies, statistics” line. Of course med mal claims dropped, because for the thousandth time, many, many more were filed to beat the deadline of the arbitrary cap than would have been filed otherwise.

Think about it. It’s not difficult. It may cause you to have to reexamine your opinions, and I know that’s frightening, but just try.

As for previous markets, there was a decrease. Go back and look at the last “crisis” in the late 80s, and the subsequent drop in rates, and the numerous new companies that came in during the 90s. Do you wonder why rates didn’t even keep up with medical inflation during that time?

I realize you understand little of how insurance works, but did it ever occur to you that the insurers had overstated their projected losses? And that’s why they are disgorging all these funds? Insurance is a ridiculously profitable industry – you can verify this online at any financial news site.

At this point, all I can figure is you work for an insurer, and that’s how you convince yourself to believe in this stuff. That’s fine. Whatever it takes to let you sleep at night.

I’m not questioning the accuracy of your source, I’m saying that the articles you cite aren’t comparable in any way to the statistics you were trying to use them to criticize.

Please show me an article or study showing a comparable rate decline in a state that has not enacted similar tort reform measures. The two you cited, as I showed before, are almost nothing like the article in question. The fact that you’ve failed to do so to this point leads me to believe that you can’t, but by all means, prove me wrong.

Please provide a viable alternative explanation. Doctors, insurers and outside journalists concur that you’re incorrect, so exactly who (aside from fellow lawyers) is providing the explanation that I’m sure you’re waiting for the right time to put forward? If it’s (as you seem to imply) the bond market or stock market, why hasn’t there been a 20-40% decrease in rates during previous boom years? Do tell! I need a good laugh, and I can usually count on you for it. Let’s hear it.

But the best part of your post is that you called the press release unsourced; I’ve always had my doubts that you actually read blog posts or articles before responding, but now we have hard proof! Try reading all the way to the bottom, and maybe even following the links. You’ll learn some things.

Best of luck, and I hope you’re a hell of a lot more thorough for your clients.

Is a guy who just bought into an unsourced press release lecturing others on the sources of their info?

You make me chuckle.

I also heard that Texas’ two year drought just ended – I think that may have lowered insurance rates too! Not the improving bond market, or stock market since 2003. Must have been the drought relief!

C’mon chief, you’re a lawyer, you can do a lot better than that.

I’m sure your arrogance serves you well in court some cases, but when it comes to discussing issues out of court, it only serves to make you less credible. It’s taking you a long time to figure that out, but I’m here to help.