After the release is signed, the defendant's insurance company initiates the payment process. Florida law does not impose a specific deadline for when the settlement check must be issued; however, most insurers aim to release funds within a reasonable period, often within four to six weeks.
Most personal injury settlements are not taxable in Florida. This applies to both state and federal taxes, as Florida doesn't have a state income tax, and federal law generally excludes these settlements from taxable income.
While there is no fixed amount for every case, the average personal injury settlement ranges from a few thousand dollars to well over $75,000, depending on the unique details of the claim.
Trial Rate: Approximately 3-5% of personal injury cases in Florida go to trial (Bureau of Justice Statistics, n.d.). This means that out of the 28,342 cases filed in federal courts in 2023, only 850-1,417 cases would have reached the courtroom.
Mitchell Gino Brogdon Sr. is an American judge and television personality. He was the presiding judge of the court show, Personal Injury Court, and the father of Washington Wizards guard Malcolm Brogdon.
In March 2023, Florida passed H.B. 837. Governor Ron DeSantis signed the bill into law. This new law reduced the statute of limitations from four years to two years for cases based on negligence. The law affects the filing deadline for accidents that occurred after the effective date of March 24, 2023.
These cases are not live proceedings. Instead they are reenactments of real cases but with actorsMoreThese cases are not live proceedings. Instead they are reenactments of real cases but with actors playing the roles of the parties. Involved.