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May 23, 2022 Last Edit: June 5, 2025
“We’ve never seen an insurance crisis fixed that doesn’t come down to tackling trial lawyers"
NFIB: Legislature Should Seize Opportunity to Pass Lawsuit Abuse Reform
- Limiting one-way attorney fees awards for contractors, a provision intended only for consumers has led to lawsuit abuse in the insurance markets.
- Limiting attorneys’ fee multipliers, a provision that can double or triple the attorneys’ fee awards in insurance cases.
- Limiting “bad faith” lawsuits, which attorneys often abuse to get damage awards in excess of stated policy limits.
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