Site icon Florida Chamber of Commerce

Urge Key Lawmakers to Support Legal Reform Efforts Today

On Tuesday, January 26, 2016, at 9 a.m. the Senate Banking and Insurance Committee will take up important legislation that will improve Florida’s legal climate. SB 632, sponsored by Senator Garrett Richter (R-Naples), requires written notice to an insurance company as a precedent to filing a bad faith lawsuit. The insurance company is then given 45 days to settle the claim and payout the provisions of the insurance policy.

Please click the “Take Action Now” button to email key lawmakers on this committee and urge them to support SB 632.

A recent study by the Insurance Research Council found that bad faith lawsuits resulted in an additional $800 million in automobile liability claims payments, which breaks down to $79 per automobile policy. Not only does our litigious legal climate put Florida in the bottom 10 for favorable legal climates, but it’s increasing costs to Florida consumers.

This legislation is important to Florida’s business community because the bill:

Take Action Now

Click the “Take Action Now” button below now to urge key lawmakers to support legal reform efforts.

Exit mobile version