Wednesday, February 4, 2009

CTLA, AG Push Bill Aimed at Insurers

The Hartford Courant reports, "Trial lawyers are lobbying for legislation that would make it easier for some Connecticut consumers to sue insurers for unfair claim practices - and potentially collect bigger damages." The legislation advanced "by the Connecticut Trial Lawyers Association and Attorney General Richard Blumenthal would allow accident victims to sue a wrongdoer's insurance company under the Connecticut Unfair Insurance Practices Act (CUIPA)." However, "insurance trade groups... warn that the bill, SB 763, aired Tuesday in the legislature's insurance and real estate committee, would result in more litigation, force insurers to settle unsubstantiated claims and drive up premiums."

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