Florida's legal system trumps expenses in other states - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Florida's costly legal system trumps expenses in other states

Florida has earned a reputation as a litigious state with some of the busiest courthouses in the nation, and a new report shows that the dollars flowing through the Sunshine State’s legal system dwarf other states by a wide margin.

Florida ranks second only to California’s $60.2 billion in total tort costs, but in terms of costs as a percentage of gross domestic product, no other state comes close. Tort costs amount to 3.63% of Florida’s GDP; in California, that figure is 2%. According to an attorney at South Florida law firm Kaufman Dolowich & Voluck, “carriers are facing an onslaught of litigation unlike anyplace else in the country.”, who represents insurers in claims disputes, said insurance companies “just don’t feel like they can get a fair shake in Florida, whether in the court system or as the result of jury perceptions.”

A significant disparity exists between the actual beneficiaries of compensation paid in Florida’s tort system and the U.S. broadly.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 599. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Why the nation's largest medical school wanted to come to Jacksonville - Jacksonville Business JournalHere's the details on the new school, a milestone both for Jacksonville University and the city.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Johnson & Johnson Vision investing in Jacksonville - Jacksonville Business JournalJohnson & Johnson Vision is one of the largest employers in the area with more than 3,500 workers at the Jacksonville site.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Industrial demand high in Jacksonville though investors wary of economy, experts say - Jacksonville Business JournalIndustrial space has been a thriving market in Jacksonville in terms of transactions though space is in short supply heading into 2023.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Charles Schwab Corp. to hire hundreds in Florida - Jacksonville Business JournalThe move would grow the company's status among the largest employers in Central Florida.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Florida Gov. Ron DeSantis speaks out on feud with Disney - Jacksonville Business Journal'We didn't drag them in ... they went in on their own,' said DeSantis.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Charles Schwab Corp. to hire hundreds in Florida - Jacksonville Business JournalThe move would grow the company's status among the largest employers in Central Florida.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »