INDUSTRY HALTS REVERSAL OF GARDNER V. NORMAN

The following information was released by the National Association of Mutual Insurance Companies (NAMIC):

Utah consumers and small businesses avoided higher costs by pausing further consideration of Senate Bill 211. The bill would have allowed personal injury settlements and verdicts to be based on inflated medical billing sticker prices, rather than the amounts actually paid, which would have driven up lawsuit costs and put unneeded pressure on insurance affordability statewide.

As a result, lawmakers preserved a commonsense approach that keeps damages tied to real medical expenses, helping prevent higher insurance premiums and rising costs for Utah families.

NAMIC thanks the coalition of stakeholders who raised concerns about the bills unintended consequences and helped ensure policymakers understood its real world impact. We urge lawmakers to continue advancing policies that protect consumers and maintain Utahs strong, competitive business climate.