Third-Party Bad Faith in Florida’s Automobile Insurance System

Bad-faith lawsuits targeting automobile insurers in Florida impose a heavy burden on the state’s auto insurance system and auto insurance consumers.  The possibility of winning large bad-faith settlements and court judgments creates powerful incentives for potential claimants and their attorneysto file auto liability insurance claims that otherwise would not be filed. The Insurance Research Council…

Fair Settlement

Florida is considered one of the worst states in the country for exposure to socalled bad faith litigation. Florida law doesn’t require claimants who are not the policyholder to send a demand or clearly state the amount of money to achieve a fair settlement. This absence of clear rules to satisfy a demand has enabled…

Assignment of Benefits Reform – Watch this Revealing Video

Florida homeowners are paying more in insurance premiums because of a scheme that abuses the “assignment of benefits” (AOB) law. In recent years, dishonest trial lawyers and contractors — generally water remediation firms, roofing contractors and plumbers — have come up with a new scheme involving AOBs and bilking the system. HB 669 and SB…