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Tag: senate banking and insurance committee

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.
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