Guest Column: Florida must continue to make strides in fighting lawsuit abuse
This year the
By passing Assignment of Benefits reform, legislators made a resounding statement that
For years lawyers have taken advantage of loopholes in our insurance and legal systems to bring big-money lawsuits against insurance companies -- and it has affected everyone.
As insurance companies look to offset the costs of fighting frivolous lawsuits, rates rise and insurance gets more expensive for every Floridian. In addition small businesses are in court for ridiculous reasons, causing problems for the entire economy.
In a new report
Few companies have the resources to offset the costs associated with frivolous litigation; the rest have little choice but to raise prices or close their doors.
Assignment of Benefits reform alone will not fix this problem. We must hold our leaders accountable to preempt the trial lawyers' newest tactics to exploit our courts for quick payouts.
With plenty of cases filed every year over accuracy in damages claims, workers' compensation suits, premises liability claims and more, the lawsuit abuse problem won't be quickly solved.
That's why we Floridians must continue to make it clear that we will no longer tolerate lawsuit abuse in
___
(c)2019 The Florida Times-Union (Jacksonville, Fla.)
Visit The Florida Times-Union (Jacksonville, Fla.) at www.jacksonville.com
Distributed by Tribune Content Agency, LLC.


Trump cancelling Poland trip is a blow for ruling populists
Hurricane Dorian Could Hit Florida As ‘Extremely Dangerous’ Category 4 Storm
Advisor News
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
More Advisor NewsAnnuity News
- Canvas steps into the direct-to-consumer market that has yet to take off
- The next growth phase in life/annuities depends on modernization
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
More Annuity NewsHealth/Employee Benefits News
- Covered California rates to jump nearly 10% as thousands struggle to afford coverage
- A Tale of Two Behavioral Health Systems, or How the State Border Determines Who Gets Access to Mental Healthcare
- Recent Findings from Iwate Medical University Provide New Insights into Science (Nonlinear Associations Between Sleep Duration and Incident LTCI Certification in Older Adults: Findings From the Iwate-Kenpoku Cohort Study): Science
- Researchers from Capital Medical University Detail New Studies and Findings in the Area of Managed Care (Factors Contributing To the Enrollment of Ambiguous Medical Insurance Cases: a Retrospective Study At a Tertiary Hospital In Beijing): Managed Care
- Studies from Cornell University Further Understanding of Managed Care (IRA Reforms To Medicare Part D Reinsurance Were Associated With Plan Exits And Higher Premiums, 2024-25): Managed Care
More Health/Employee Benefits NewsLife Insurance News
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
- Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
- Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
- Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
More Life Insurance News