Lawsuit limits emerge in Senate, mirroring House
After the
The proposed changes, which have been long sought by business groups, have touched off a lobbying fight as the annual legislative session started
The
¦ Eliminating what are known as "one-way" attorney fees in lawsuits against insurers. One-way attorney fees have long required insurers to pay the attorney fees of plaintiffs who are successful in lawsuits. Lawmakers in December eliminated one-way attorney fees in lawsuits against property insurers, but the bills would extend that to other lines of insurance, such as in auto-insurance cases.
¦ Reducing from four years to two years a statute of limitations for filing negligence lawsuits.
¦ Revamping laws about "comparative negligence." Under current law, juries determine each party's percentage of fault in negligence lawsuits, with damages awarded based on the percentages. For example, if a plaintiff is determined to be 60% at fault and a defendant is 40% at fault, the defendant would be required to pay 40% of the damages amount. But under the bills, defendants would effectively have to be at least 51% at fault before they could be forced to pay damages.
¦ Making it harder to pursue "bad faith" lawsuits against insurers. Generally, bad-faith cases involve allegations that insurers did not properly handle and settle claims and can be costly for insurers.
¦ Revising laws about evidence of medical expenses that can be admitted in court in personal-injury and wrongful death lawsuits.
The
After last week's meeting, House Speaker
"All the big corporations with an army of lawyers, they can maintain and fight back against some of those lawsuits," Renner, an attorney, said. "But really our small businesses, where most of our Floridians work, are one threatening lawsuit away from going out of business. Now, having said that, we want to make sure that people that have legitimate claims can bring those claims."
But Rep.
"This bill does a lot of harm, and the only good it does is puts more money in insurance companies' pockets," Cassel said.
But the



What's driving auto insurance rates in Florida?
Information Reporting of Health Insurance Coverage and Other Issues Under Sections 5000A, 6055, and 6056; Correction
Advisor News
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
- OBBBA can give small-business clients opportunities for saving
- Equitable launches 403(b) pooled employer plan to support nonprofits
More Advisor NewsAnnuity News
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
- Smart annuity planning can benefit long-term tax planning
- Agam Capital Announces the Continued Growth of Agam ISAC’s Bermuda Platform
More Annuity NewsHealth/Employee Benefits News
- Amid budget challenges, Auburn to offer retirement incentive to city workers
- Findings from University of Pennsylvania Provides New Data on Managed Care (Is Medicare Home Health Care Utilization Substituting for Long-Term Care? Evidence From Dual Eligible Beneficiaries): Managed Care
- Helping you age better
- Carolina Complete Health and WellCare of North Carolina Combine to Form Provider-Led Managed Care Organization: Carolina Complete Health
- Findings from National Center for HIV Broaden Understanding of HIV/AIDS (Implementation of health insurance navigation for racial/ethnic minority men who have sex with men presenting for community-based HIV testing): Immune System Diseases and Conditions – HIV/AIDS
More Health/Employee Benefits NewsLife Insurance News
- Lifetime income is the missing link to global retirement security
- AM Best Affirms Credit Ratings of ReliaStar Life Insurance Group Members
- Voya Financial announces expanded Employee Assistance Program services with TELUS Health
- How improving the customer experience can build trust
- AI won’t solve the workforce crisis; here’s what will
More Life Insurance News