A proposed rule change governing class action lawsuits would benefit Illinois consumers and businesses will, argued leading insurance lobby Property Casualty Insurers Association of America. Rule 225, however, was unanimously rejected by the Illinois StateBoard Association board earlier this month. The full ISBA assembly was scheduled to vote Dec. 12 on whether to support the proposal. The rule is modeled after a federal civil procedure “best practices” rule that requires plaintiffs to prove that a class action would be superior to any other form of claims resolution. Many Illinois jurisdictions already follow the rule, but as it is not required many–including some so-called judicial hellholes–do not, PCI lobbyist Laura Kotelman said in a statement. The Supreme Court Rules Committee is expected to make a decision sometime in 2005.
Was this article valuable?
Here are more articles you may enjoy.
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market 
How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700 
Progressive Boosts Exposure With Football Field Logos at 13 Universities 
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review From This Issue
