American Property Casualty Insurance Association: Caps on Lawsuit Damages Threatens Maryland Jobs, Raises Costs for Residents
March 28, 2024
March 28, 2024
ANNAPOLIS, Maryland, March 28 -- The American Property Casualty Insurance Association issued the following news release:
The Maryland Chamber of Commerce and the American Property Casualty Insurance Association (APCIA) voice strong opposition to Senate Bill 538, legislation that aims to drastically increase the cap on non-economic damages in personal injury and wrongful death lawsuits in Maryland.
The current $935,000 cap, which already ranks among the highest in the na . . .
The Maryland Chamber of Commerce and the American Property Casualty Insurance Association (APCIA) voice strong opposition to Senate Bill 538, legislation that aims to drastically increase the cap on non-economic damages in personal injury and wrongful death lawsuits in Maryland.
The current $935,000 cap, which already ranks among the highest in the na . . .