American Property Casualty Insurance Association
  • Staff Contact: Sarah Revell     
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  • FOR RELEASE ON RECEIPT
  • March 6, 2020
  • APCIA Applauds Florida Senate for Passing Legislation to Create Transparent Process for Filing Asbestos Trust Claims
  • TALLAHASSEE, Fla. — The American Property Casualty Insurance Association (APCIA) today released the following statement attributed to its assistant vice president of state government relations, Logan McFaddin, in favor of Senate Bill 1582, by Senator David Simmons (R-Altamonte Springs), relating to Asbestos Trust Claims, which passed the Florida Senate today.

     

    “APCIA applauds the Florida Senate for passing Senate Bill 1582, which is an important legal reform measure that creates a more transparent process for the filing of asbestos trust claims.

     

    “Currently, plaintiffs’ attorneys are taking advantage of a loophole in existing law to increase their compensation for asbestos-related injuries. SB 1582 will put a stop to this type of legal abuse, and more importantly, it does not affect a person’s right to file an asbestos-related claim.

     

    “Lawmakers should continue to support SB 1582 as it is a much-needed step in the right direction toward improving Florida’s crumbling legal climate.”

  • The American Property Casualty Insurance Association (APCIA) is the primary national trade association for home, auto, and business insurers. APCIA promotes and protects the viability of private competition for the benefit of consumers and insurers, with a legacy dating back 150 years. APCIA members represent all sizes, structures, and regions—protecting families, communities, and businesses in the U.S. and across the globe.
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