Punitive Damages Reform: HB 2025 (1987).
Limits the award of punitive damages to the lesser of
Limits the award of punitive damages to the lesser of defendant’s highest annual gross income during the preceding five years or $5 million. Provides that if the defendant earned more profit from the objectionable conduct than either of these limits, the court could award 1.5 times the amount of that profit. Requires the determination of awards for punitive damages to be made in a separate proceeding. Requires a plaintiff to prove punitive damages by “clear and convincing” evidence. Provides seven criteria for the judge to consider in punitive damages cases, including whether this is the first award against a given defendant.
View all news
Lawmakers Denounced for Pushing Punitive Damages in Last-Minute Amendment
Illinois Businesses Brace for Increased Costs and Diminished Appeal as Trial Bar Pushes for Punitive Damages in Wrongful Death Cases
Florida Named Judicial Hellholes Point of Light, DeSantis’s Efforts Praised
2023 legislative session resulted in landmark legal reforms, ATRF says
New Florida Bill to Regulate Misleading Legal Services Ads on Pharmaceutical Drugs and Medical Devices
ATRA’s Latest Data Reveals $271.8 Million Spent on Legal Services Advertising in Florida in 2022; Florida Accounted for Nearly 20% of Radio Ad Spending Nationwide
New Bankruptcy Filing Will Resolve Claims, Not Provide a Windfall for Lawyers
Today, Johnson & Johnson announced it will resolve approximately 60,000 talc claims through the bankruptcy process, allowing claimants to get fair resolution without having to wait through a lengthy trial. […]
Florida Lawmakers Pass Landmark Legal Reform
HB 837 heads to Governor’s desk
Transparency in Tort Reform
This letter-to-the-editor was originally published by the Tampa Bay Times in response to their March 13, 2023 article “Florida lawmakers want to help insurance companies by limiting lawsuits.“ The “tort […]