---
title: NAIFA-IL Urges Governor to Veto Prejudgment Interest Bill
description: The legislation would unfairly penalize insurance consumers in Illinois
---

[NAIFA's Advocacy in Action (AIA) Blog ](https://advocacy.naifa.org/news)

# [NAIFA-IL Urges Governor to Veto Prejudgment Interest Bill](https://advocacy.naifa.org/news/naifa-il-urges-governor-to-veto-prejudgment-interest-bill)

 Written by [NAIFA](https://advocacy.naifa.org/news/author/naifa) | 1/21/21 9:22 PM

NAIFA-IL has sent a call to action to its members to urge [Gov. J.B. Pritzker](https://www2.illinois.gov/sites/gov/about/Pages/default.aspx) to veto a bill that sets a prejudgment interest at the rate of 9% per year on all tort actions seeking recovery for personal injury or wrongful death.

The bill unfairly penalizes insurance consumers, and [NAIFA-IL](http://www.naifa-il.com/) is concerned that the effect of the bill, [HB 3360](https://www.ilga.gov/legislation/fulltext.asp?DocName=10100HB3360sam001&GA=101&SessionId=108&DocTypeId=HB&LegID=119866&DocNum=3360&GAID=15&SpecSess=&Session=), would be an extraordinary burden for Illinois citizens and businesses, especially on the heels of a pandemic.

“Very few states allow prejudgment interest on personal injury judgments, and the ones that do, exclude non-economic damages from the calculation,” said [Julie Harrison](https://www.linkedin.com/in/julieharrison3/), NAIFA State Chapter Director. “We worry this bill would result in over-compensation to some plaintiffs and make defendants financially liable for delays they did not cause.”

The bill moved rapidly between both chambers over the course of only a few days. It is unclear when the Governor plans to act on the legislation. 

NAIFA-IL members can take action at NAIFA’s Advocacy Action Center.

[View full post](https://advocacy.naifa.org/news/naifa-il-urges-governor-to-veto-prejudgment-interest-bill)

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