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%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 599. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »

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.
Fonte: JaxBizJournal - 🏆 599. / 51 Leggi di più »