Industry Basks In Class-Action Victory

December 2005
National Underwriter / P&C;12/19/2005, Vol. 109 Issue 48, p24
The article reports that the American insurance industry welcomed the enactment of the Class Action Fairness Act in 2005. The law restricts venue shopping by trial lawyers and places limits on state class actions. Other related bills, such as the limitation of the liability of gun manufacturers and personal liability in food consumption, have been approved by Congress.


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