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FL S1694
Bill
Status
3/3/2011
Primary Sponsor
Garrett Richter
Click for details
AI Summary
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Limits attorney's fees in personal injury protection disputes to the lesser of $200 per billable hour or a multiple of the disputed amount recovered, with multipliers decreasing as disputed amounts increase.
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Sets attorney's fee caps at $5,000 for disputes under $500 (15x multiplier), $10,000 for disputes of $500-$5,000 (10x multiplier), and $15,000 for disputes of $5,000-$10,000 (5x multiplier).
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Caps attorney's fees in class actions at the lesser of $50,000 or three times the total disputed amount recovered in the class action proceeding.
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Prohibits calculation of attorney's fees using contingency risk multipliers in personal injury protection disputes.
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Effective July 1, 2011.
Legislative Description
Motor Vehicle Personal Injury Protection Insurance
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011