Over 2,000 Minnesotans Join Grassroots Effort to Stop Double Lawsuit Law
Released on = May 1, 2007, 12:35 pm
Press Release Author = Minnesotans Against Fraud and Higher Insurance Costs
Industry = Law
Press Release Summary = Just two weeks after its launch, over 2000 Minnesotans have joined Minnesotans Against Fraud and Higher Insurance Costs to urge the legislature that they oppose the double lawsuit bills sponsored by the Minnesota Trial Lawyers Association that would raise cost of insurance for consumers.
Press Release Body = Just two weeks after its launch, over 2000 Minnesotans have joined Minnesotans Against Fraud and Higher Insurance Costs to urge the legislature that they oppose the double lawsuit bills sponsored by the Minnesota Trial Lawyers Association that would raise cost of insurance for consumers.
Under current law, Minnesota is in step with the vast majority of states and already has enacted laws that require insurance companies to act in good faith. The Minnesota Department of Commerce enforces these laws on behalf of consumers. What’s more--implied in every insurance policy is a covenant of good faith and fair dealing.
“The increased costs associated with this legislation could have significantly negative effect on the insured as well as those who work to insure integrity in insurance investigations,” Tom Brace former Minnesota State Fire Marshall.
For more information, visit us at http://www.nohigherrates.com or contact us at info@nohigherrates.com
Web Site = http://www.nohigherrates.com
Contact Details = P.O. Box 14177 St. Paul, Minnesota, 55114
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