M. N. Tirado News
NFIB Chief Economist: 'Uncertainty among small business owners continues to rise' amidst high inflation
National Federation of Independent Business (NFIB) Chief Economist Bill Dunkelberg said "uncertainty among small business owners continues to rise" as inflationary pressures continue.
Sedgwick report finds third-party litigation funding contributes to rising insurance costs
Research and consulting firm Sedgwick released a report on May 31, which found that the involvement of third-party funders in lawsuits, or third-party litigation funding (TPLF), contributes to social inflation. Social inflation describes the cost of insurance claims rising faster than overall economic inflation.
Reform California joins coalition to support measure that would repeal PAGA
Reform California Chairman Carl DeMaio and a coalition of small business and worker advocates are supporting the Fair Pay and Employer Accountability Act. The state measure aims to repeal the Private Attorney Generals Act (PAGA).
Growing number of large verdicts, class action lawsuits driving up costs, hurting low-income Californians
The Public Policy Institute of California (PPIC), a nonprofit research institution, has revealed that over half of California's residents are grappling with financial hardship due to inflation. In a separate report, the state's escalating prices are attributed to an increase in liability risk and costs, fueled by a surge in class action lawsuits and large jury verdicts.