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May 11, 2021 | New York Law Journal

'Existential Financial Threat': NY Appeals Court's Record $20M Pain-and-Suffering Award Draws Fire From Business and Insurance Groups

The $20 million award's expected impact "poses an existential financial threat to New Yorkers of all stripes," argued Tom Stebbins, executive director of the Lawsuit Reform Alliance of New York, which along with nearly 30 other industry and advocacy organizations weighed in as amici curiae in the lawsuit's appeal.
10 minute read
May 11, 2021 | Insurance Coverage Law Center

NY Appeals Court's Record $20M Pain-and-Suffering Award Draws Fire From Insurance Groups

The $20 million award's expected impact "poses an existential financial threat to New Yorkers of all stripes," argued Tom Stebbins, executive director of the Lawsuit Reform Alliance of New York, which along with nearly 30 other industry and advocacy organizations weighed in as amici curiae in the lawsuit's appeal.
10 minute read

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