Pa. Bill Would Increase Cap On Municipal Tort Claims

Law360, Philadelphia (July 22, 2013, 5:43 PM EDT) -- A Pennsylvania state senator Friday introduced legislation that would increase the statutory cap on damages recoverable from municipalities from $500,000 to $2 million, two weeks after an appeals court upheld the statute’s constitutionality.

Sen. Larry Farnese, D-Philadelphia, said the bill, which would amend the Political Subdivision Tort Claims Act, was prompted by his constituents' stymied efforts in filing claims against the city of Philadelphia after a massive water main break in 2012.

“The $500,000 cap was instituted in 1980 and has not been reconsidered since that...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.