The crackdown on asbestos litigation in these states has prompted forum shopping in jurisdictions such as South Carolina where objective medical standards have not been adopted legislatively. The court dockets in South Carolina may become crowded with asbestos cases filed by individuals who are not physically impaired. These cases clog the court system and drain resources that would be available to aid individuals who are truly sick. In addition, these cases can threaten the financial viability of South Carolina businesses. |
We support the legislation introduced by Senators Jim Ritchie and Scott Richardson along with Rep. Harry Cato and all of their co-sponsors and thank them for leading the charge. The dramatic cost increases are hurting the state's business climate. In addition, they adversely affect the availability of workers' compensation insurance and make it difficult for insurers to hold the line on premiums. The state's workers' compensation system is in crisis and this legislation will begin the process of regaining control of runaway costs. |
Workers' compensation costs are increasing at an alarming rate. As a result, Gov. Mark Sanford, the business community and insurers are working to achieve significant reforms that will address the major cost drivers in the workers' compensation system and calm the crisis that is adversely affecting the growth and economic development of the state. |