Tort Reform
Reduce your risk of unnecessary litigation.
Ohio Tax and Incentive Resources
- Ohio Tax Reform Brochure
- Ohio Economic Development Incentives Overview
- Tax Foundation Ratings Fail as Credible Source
- E&Y State Tax Competitiveness on New Investment
- U.S. Tort Liability Index
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Sheena Metzger
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(614) 565-6065
Legislation signed into law in 2004 has established Ohio as a state leader in tort reform limiting damages plaintiffs may collect in civil lawsuits, which if left unchecked can prove costly to business.
Targeting unquantifiable damages such as pain and suffering, Ohio's tort reform caps noneconomic damages at three times the economic loss (up to $350,000), or $250,000, whichever is higher.
Ohio tort reform also:
- Allows judges to reduce awards they deem excessive
- Limits punitive damages to no more than double economic damages
- Lowers limits on punitive awards against small businesses - capped at double the economic damage or 10 percent of the business net worth, whichever is smaller
- Voids liability if products meet government standards
Ohio's General Assembly leaders are confident the state's tort reform includes the necessary flexibility to create a fair legal climate capable of meeting any future high court review.