The American Insurance Association and the National Association of Mutual Insurance Companies are praising the recent actions of the Wisconsin Legislature in their passage of major tort reform legislation.
The Legislature this week sent Gov. Jim Doyle a bill that would put a $750,000 limit on pain-and-suffering awards in medical malpractice cases, as legislators tried for a second time to find a number both the governor and state Supreme Court would accept. Gov. Doyle vetoed a bill last year saying that the limits were not high enough.
The Senate passed the bill 25-8, which was more than the two-thirds majority needed to override a Doyle veto.
Last week, the Assembly passed the same cap, 74-22, also more than the necessary two-thirds majority.
Topics Politics
Was this article valuable?
Here are more articles you may enjoy.
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
How Insurers Know When It’s Time to Scale AI 
