Tag Archives: Tampa Insurance Defense Attorneys
A Look at Hurricane Michael’s Damage in Florida & New Rules for Insurance Companies
The estimated damage – just to agricultural resources – from Hurricane Michael across Florida and several other states is forecast to go over $1.3 billion, and includes cotton farms, pecan farms, and poultry operations as some of the hardest hit. Hurricanes are especially damaging to cotton crops, leading to an increase in the price… Read More »
Florida Appellate Decisions Push Bad Faith Standard & Raise Concerns
The longstanding standard of what constitutes bad faith in Florida was determined by the Florida Supreme Court almost 40 years ago. The Court determined that an insurer has a duty to use the same degree of care and diligence as someone “of ordinary care and prudence.” Insurers must investigate the facts, give fair consideration… Read More »
Significant Lawsuit Filed Against Tower Hill Insurance for Fraud & Other Crimes Connected With Hurricane Irma
In September, a lawsuit was filed against Tower Hill Insurance in Florida, alleging that the company engaged in fraud concerning a number of claims filed by Hurricane Irma victims, defrauding them of money that they are owed. The lawsuit specifically alleges that Tower conspired with two other companies—Humble and Ladder Now—to deny or underpay… Read More »
Study Finds That Third-Party Bad-Faith Insurance Claims Are Somewhat Out of Control in Florida
According to a new study, Florida’s third-party bad-faith legal environment increases claim costs for every insured vehicle by an average of $106 per claim, or a total of more than $7 billion in additional claim costs over more than a decade. According to some experts, most of these costs can reportedly be attributed to… Read More »
11th Circuit Sides with Geico in Insurance Bad Faith Claim
Recently, the 11th Circuit Court of Appeals upheld a ruling in support of an insurance company, clarifying the importance of what evidence is required in order to prove that a claimant has suffered from a permanent injury. The bad faith case filed in the Middle District of Florida involved an insurance claim originally filed… Read More »
Serial Claimants Exploit the Americans with Disabilities Act (“ADA”) and Cripple Florida Businesses
According to a recent news investigation, a law designed to help give the disabled access in the state of Florida is potentially being used for abusive reasons. Specifically, one man in particular has allegedly filed more than 1,000 lawsuits against local Florida businesses for supposedly violating the Americans with Disabilities Act (ADA), without even… Read More »
Survey Shows That Americans Know Very Little About Insurance Policies
A new survey conducted by PolicyGenius reveals that while many Americans may believe that they understand their insurance policies, in fact, they do not, resulting in the mistaken belief that they are often the victims of bad faith insurance decisions. Unfortunately, this mistake could end up costing policyholders a fortune: Not only did the… Read More »
