Indiana Gov. Pence Signs Litigation Lending Bill Supported by PCI
CHICAGO - Indiana Governor Mike Pence has signed three bills that address longstanding issues before the legislature dealing with financial responsibility limits, litigation lending and medical liability. Today the governor signed SEA 28 which provides for increases to the medical liability cap over the next few years. The governor also signed legislation yesterday, (HEA 1127) that will help curb abuses associated with litigation lending and a bill (SEA 40) that increases the state’s auto insurance financial responsibility limits for property from the current $10,000 to $25,000,