Mike D’Amico Testifies in Support of Auto Insurance Minimum Increase
Posted on behalf of D'Amico & Pettinicchi, LLC on Mar 22, 2017 in Firm News
Firm partner Mike D’Amico recently testified before the Insurance and Real Estate Committee of the Connecticut General Assembly on behalf of the Connecticut Trial Lawyers Association in favor of a proposed bill that will raise the minimum requirements for auto insurance.
D’Amico is the current president of the Connecticut Trial Lawyers Association, a nonprofit organization dedicated to creating and maintaining a more just society by preserving individual rights within the civil justice system.
Speaking on behalf of the organization, D’Amico provided testimony in support of Senate Bill 808, which aims to increase the minimum amount of insurance required to obtain a driver’s license or vehicle registration in Connecticut.
Currently, state law requires that motorists carry auto insurance that covers at least $20,000 per person, $40,000 for bodily injury per accident and $10,000 for property damage per accident.
The proposed bill would increase those minimums to $25,000 per person, $50,000 for bodily injury per accident and $25,000 for property damage per accident.
In an interview with NBC Connecticut D’Amico highlighted one of the main arguments from his testimony.
He noted that the current insurance rates have not changed in 46 years since they were first established in 1971. However, in that time, medical costs, wages and car costs have increased considerably. He argued that the current rates simply do not provide fair compensation for injuries.
The Insurance and Real Estate Committee voted unanimously on March 7 to send the bill before the Connecticut General Assembly where lawmakers will decide on the issue.
As a dedicated personal injury lawyer, D’Amico and the other attorneys at D’Amico & Pettinicchi are committed to fighting for the rights of the injured and helping them obtain the compensation they need after an accident.