American Property Casualty Insurance Association
Recent News About American Property Casualty Insurance Association View More
-
IL legislation would OK 'predatory lending practices' in third-party lawsuit funding, boost costs for all, biz groups warn
SB1099, the so-called Consumer Legal Funding Act, would produce even more lawsuits, that take longer to settle, while allowing lawsuit investors to charge 18% interest rates, assessed every 6 months, to people borrowing money to fund lawsuits, business groups say -
Lawsuit lenders say biz opposition to regulation law 'disingenuous' effort to block lawsuit lending in IL
A trade association representing lawsuit lenders in Illinois says business groups' push for greater transparency and disclosure rules for lawsuit lending would unfairly harm plaintiffs -
Springfield judge blocks Pritzker's COVID workers' comp rule changes; Employers say are illegal, could cost billions
A judge has granted a temporary restraining order to business groups who accused the Pritzker administration of illegally enacting new workers' comp rules to leave employers to "pick up the tab" for COVID illness