Saturday, March 25, 2023
HomeInsuranceFlorida Home, Senate Committees Advance Barely Completely different Tort-Reform Measures

Florida Home, Senate Committees Advance Barely Completely different Tort-Reform Measures

New Now you can take heed to Insurance coverage Journal articles!

A Florida invoice that will clamp additional limits on legal professional charges and litigation handed one other Senate committee Thursday, shifting it nearer to a Senate ground vote.

Senate Invoice 236, sponsored by Sen. Travis Hutson, R-Palm Coast, differs barely from a Home model, HB 837, and the 2 must be reconciled earlier than passing the Legislature. The Senate model, accepted by the Senate Fiscal Coverage Committee on Thursday by a vote of 13-6, now incorporates an exception to the ban on one-way legal professional charges in some circumstances.

SB 236 has handed three committees by massive margins. It could permit one-way charges, which have been referred to as the chief wrongdoer for Florida’s overheated insurance coverage claims litigation scene, when insureds search a declaratory judgment after an insurer denies a declare, equivalent to in life insurance coverage claims by beneficiaries. That has raised issues within the insurance coverage trade that it could give plaintiffs’ attorneys a gap that might be exploited to generate charges that must be paid by insurers.

A trial legal professional stated these issues are overblown and the charges can be requested in comparatively few circumstances.

Within the Home, HB 837 has additionally handed committees and is prepared for a 3rd studying by the total Home chamber. That invoice would permit one-way charges for declaratory judgment actions solely in circumstances of “complete protection denial.”


Was this text invaluable?

Listed below are extra articles it’s possible you’ll take pleasure in.

Excited by Politics?

Get automated alerts for this matter.



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments