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Tag: florida state hispanic chamber of commerce

Business Leaders: Tort Reform Can Save Florida Billions

The study shows torts currently cost Florida $10.0 billion in annual direct costs,  $15.5 billion in annual output (gross product), around 167,750 jobs, $811.1 million in annual state revenues and $679.4 million in annual local government revenues and claimed excess torts result in a “tort tax” of $719.01 per person.

FSHCC Names Top 50 Hispanic Business Leaders in Florida

This week, the Florida State Hispanic Chamber of Commerce (FSHCC) named the “Top 50 Hispanic Business Leaders in Florida.” 
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Florida’s Business Community Eyeing Tort Reform

At the panel forum, the NFIB and the FSHCC cited the high cost of frivolous lawsuits in Florida, pointing to a recent report from Citizens Against Lawsuit Abuse. The report estimates the impact of excessive tort costs on Florida economy’s to be around $7.6 billion annually in direct costs. 
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