Fla. Bill Could Increase Personal Injury Damages Awards

Law360, Miami (March 29, 2017, 9:57 PM EDT) -- A bill that would expand prejudgment interest for prevailing plaintiffs mandatory in all civil suits, including personal injury and wrongful death claims, passed favorably out of a Florida Senate committee Wednesday.

The Senate Rules Committee voted 10-1 to send S.B. 334 to the Senate floor, despite opposition voiced at the meeting from the Florida Chamber of Commerce, various insurance industry groups and Associated Industries of Florida.

Under current law, a plaintiff generally doesn't recover prejudgment interest on damages in personal injury and wrongful death actions, because damages in these cases are too speculative to liquidate, or accurately quantify, before final judgment,...

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