Final answer:
The Statute of Limitations requires lawsuits to be filed within a specified time frame; however, Lilly Ledbetter did not learn about her pay discrimination in time, which led to legislative change.
Step-by-step explanation:
The Statute of Limitations establishes a legal deadline by which a lawsuit must be filed. The specific number of years within which a lawsuit must be brought after Proof of Loss is furnished to the insurance company can vary by jurisdiction and the specific type of claim. However, addressing the scenario presented regarding Lilly Ledbetter and the Statute of Limitations under Title VII, her case faced a challenge because she did not learn about the pay discrimination until long after it occurred. The Supreme Court determined that she did not file within the statute of limitations. This decision was based on the interpretation that ongoing disparate paychecks did not carry discriminatory intent on their own. The passage of the Lilly Ledbetter Fair Pay Act in 2009 later addressed this issue by considering each disparate paycheck as a new instance of discrimination, therefore extending the statute of limitations with each new paycheck.