An actuarial analysis by Millman cited in the letter, states that the bill could potentially increase medical professional liability costs by nearly 40%, and automobile liability and general liability insurance would increase by as much as $2.2 billion. (Credit: New Africa/Shutterstock.com)
In early June 2022, Senate Bill S74A, also known as the Grieving Families Act, passed the New York Senate Assembly and would immediately become law if signed by New York Governor Kathy Hochul.
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