Commentary: Hochul's veto of Grieving Families Act was well deserved
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As the saying goes, the definition of insanity is to do the same thing over and over and expect different results. New Yorkers need only look to the Grieving Families Act as a prime example.
The bill (S6636/A6698) reached Gov. Kathy Hochul’s desk for the fourth consecutive year in December. And just as in years past, it was vetoed for failing to address the severe unintended consequences if would present for the insurance industry, as well as for every consumer and small business across New York.
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Gov. Hochul has detailed that concern each time lawmakers advance the legislation. The Assembly and Senate have never addressed the question of who would pick up the tab for the significantly increased insurance premiums and financial stress on homeowners, motorists, medical professionals and others.
One of the main problems comes from the bill’s attempts to inflate victim compensation beyond what is reasonable, by adding non- economic damages like grief and pain. At the........
