Over 2,000 Minnesotans Join Grassroots Effort to Stop Double Lawsuit Law
May 03, 2007 (PRLEAP.COM) Politics News
St. Paul – 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.
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