Wednesday, April 16, 2014
Two weeks ago, I reported that a bill to remove the $50K minimum to request a jury trial had passed a key committee vote in the House. Today the full House voted the bill down 51-49, with 5 members not voting. Some members of the business committee blame high insurance rates on the high threshold, arguing that plaintiffs would claim, and businesses would pay, lower amounts if not aiming at a $50K minimum. Opponents reply that no evidence regarding lower insurance rates has been produced and lowering the threshold would potentially strain judicial resources.