Stay up to date on the latest news about the fight to protect Marylanders from higher premiums, and more expensive business costs.
News
Release: Opponents Warn Non-Economic Damages Bill Could Cost Businesses and Consumers, January 14, 2025
Marylander budgets are already strained after years of inflation and the state is facing a budget deficit and potential tax hikes. It is never a good time to remove caps on non-economic damages, but it’s hard to think of a worse time than now. Read more.
Maryland Daily Record: Bill Would Nearly Double Maryland Cap on Non-Economic Damages, March 28, 2024
“Nearly doubling the cap on noneconomic damages would inevitably lead to higher insurance rates and increased costs that would be passed onto Maryland residents and businesses,” Mary D. Kane, the president and CEO of the Maryland Chamber of Commerce, said in a letter issued this week. Read more.
Maryland Matters: A Tidy “Crossover Day” Produces Progress and Flashes of Dissent, March 19, 2024
Senate Finance Committee Chair Pam Beidle (D-Anne Arundel) warned that the bill, if passed, would inevitably lead to higher insurance rates for consumers — who might hold state lawmakers accountable.
“If we pass the bill, be prepared,” she said. Read more.