The rise of nuclear verdicts puts immense pressure on businesses, insureds and carriers -driving up costs and creating uncertainty in the marketplace. The only solution toward restoring balance is appropriate tort reform and legislation out of Georgia today is an encouraging and critical step forward! We're encouraged by the state's decision to take meaningful action and optimistic it will be approved and signed into law by Governor Kemp. At Skyward Specialty, we believe in a system that protects both consumers and businesses- one that holds bad actors accountable while preventing unnecessary financial strain on those who play by the rules. This is a positive shift, and we look forward to seeing its impact on the market. #goingskyward
Finally! While not perfect, this Georgia legislation is a BIG step forward. Let's help other states engage in passing similar sensible legislation Attached is the bill that is heading to the governor if your into reading sensible law reform ??