Insurance cost reform vital to Illinois business health
Members of the Illinois Manufacturers’ Association want relief from high insurance costs and problems with insurance availability. For the second consecutive year, as shown in an IMA survey, members rated insurance and availability among the most important problems facing them today.
Accordingly, the IMA recently introduced in the Illinois General Assembly virtually the same insurance legislation packet as it did in 1986, but which failed to pass.
One of the goals of the IMA’s proposed legislation is to abolish the current “joint and several” doctrine in Illinois law. Under this doctrine, all defendants in a lawsuit are deemed equally liable for damages regardless of their degree of .
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