Dispelling the â€œDeep Pocketsâ€ Myth
Thursday, Apr 26, 2007
Insurance companies are leading a propaganda campaign against SB 1296.
Opponents of SB 1296 are hoping that recent Appellate Court case will overturn 21 years of legal practice, allowing wrongdoers to shift responsibility for their negligence to individuals and small businesses who have long ago been dismissed as defendants from a lawsuit, by placing their name on jury verdict forms and encouraging juries to assign damages against them.
Insurance companies falsely claim that dismissed defendants have_always_ appeared on jury verdict forms. Not true, says the St. Louis Post-Dispatch:
Before you buy into the â€œDeep Pocketsâ€ propaganda, keep in mind that 88% of all tort cases in Illinois are for $50,000 or less (Illinois Supreme Court annual report).