Floridians for Lawsuit Reform recently announced on X that it highlighted data from Lex Machina indicating a nearly 20% increase in federal tort cases.
Floridians for Lawsuit Reform announced on X that Florida's 2022–2023 insurance reforms have attracted 17 new carriers to the state, including two recently approved insurers.
Floridians for Lawsuit Reform announced on X that Florida homeowners are beginning to see reductions in property insurance rates following legislative reforms from 2022 to 2023.
Floridians for Lawsuit Reform has highlighted a report from the Insurance Information Institute, estimating $42.8 billion in excess litigation costs from motor vehicle tort cases between 2014 and 2023.
Floridians for Lawsuit Reform announced on X that recent legal reforms are improving Florida's property insurance market by curbing frivolous lawsuits, resulting in lower premiums and the state's largest rate cut filing in two decades.
Floridians for Lawsuit Reform has announced on X the necessity for safeguards to hold third-party litigation funders accountable and prevent courts from being treated as investment vehicles.
Floridians for Lawsuit Reform has announced that recent legal reforms in Florida have curtailed billboard attorneys' fee schemes and lawsuit mills, leading to reduced litigation, the return of some insurers, and initial relief for homeowners.
Floridians for Lawsuit Reform has announced findings from the Insurance Information Institute, which indicate that motor vehicle tort cases have added $42.8 billion in excess litigation costs from 2014 to 2023.
Floridians for Lawsuit Reform has announced that recent property insurance reforms are reducing frivolous lawsuits, lowering property and auto insurance premiums, and attracting more insurers to Florida's market.
Floridians for Lawsuit Reform has announced that third-party litigation funding allows hidden investors to profit from lawsuits, increasing costs for families and small businesses.
Floridians for Lawsuit Reform announced on X that Florida's five largest auto insurers have significantly reduced rates, attributing the change to the state's 2023 legal reforms aimed at curbing litigation abuse.
Floridians for Lawsuit Reform has announced that Florida's property insurance market is stabilizing, attributing this development to increased competition, private capital influx, and reinsurance pricing improvements driven by lawsuit reform.
Floridians for Lawsuit Reform announced that California has surpassed Florida as the highest-risk state for property insurers due to wildfires and litigation costs.
Floridians for Lawsuit Reform announced on X that experts on CNBC's Money Movers segment warned of the impact of excessive litigation and third-party financing on insurance premiums for consumers and businesses.
Floridians for Lawsuit Reform announced on X that it highlighted the arrest of a Sarasota man accused of operating a multi-county construction fraud scheme.