DeSantis signs sweeping tort reform bill into law, limiting lawsuits against Florida businesses.

Florida Governor Ron DeSantis has signed a bill aimed at limiting lawsuits against businesses and insurance companies. The new law reduces the statute of limitations for filing negligence lawsuits from four years to two years and largely eliminates “one-way attorney” fees that insurers can have to pay to cover the costs of plaintiffs’ lawyers. Supporters of the bill argue that it will protect businesses and attract more investment to the state, while opponents claim that it will not lower insurance premiums and will hurt people seeking compensation from businesses that have harmed them.