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Prejudgment Interest New Legislation

Hinshaw & Culbertson LLP

Illinois Civil Procedure Amendment Imposes 6% Prejudgment Interest in Personal Injury and Wrongful Death Actions

On May 28, 2021, Illinois Governor J.B. Pritzker signed an amendment to the Illinois Code of Civil Procedure, 735 ILCS 5/2-1303, that applies a 6% prejudgment interest rate on all damages awarded in personal injury and...more

Amundsen Davis LLC

Pre-Judgment Interest Law Takes Effect July 1, 2021

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Just ahead of the long Memorial Day weekend, Illinois Governor Pritzker signed into law a bill that allows a plaintiff to recover 6% per annum prejudgment interest in any personal injury or wrongful death lawsuit pending or...more

Amundsen Davis LLC

UPDATE: Prejudgment Interest Could Impact Personal Injury And Wrongful Death Actions In Illinois

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On January 13, 2021, the Illinois Legislature passed House Bill 3360, which tentatively added prejudgment interest on all personal injury and wrongful death claims. Since then, the bill has been awaiting the signature or veto...more

Holland & Knight LLP

Illinois Legislature Passes Bill to Impose Prejudgment Interest on Personal Injury Claims

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The Illinois Legislature passed House Bill 3360 on Jan. 13, 2021, to amend the state's judgment interest statute and add prejudgment interest on all personal injury and wrongful death claims decided in favor of the plaintiff....more

Steptoe & Johnson PLLC

West Virginia OIC Releases Summary of 2017 Insurance Legislation

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The West Virginia Office of the Insurance Commissioner has released Informational Letter No.199 summarizing significant insurance legislation enacted during the 2017 Regular Session and First Special Session of the West...more

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