A May 2025 U.S. Senate hearing exposed insurers' "delay, deny, underpay" tactics on commercial property claims, with bad faith red flags including lowball estimates and failure to investigate; Florida's shifting bad faith laws highlight litigation costs versus public adjuster resolutions.
A May 2025 U.S. Senate hearing exposed insurers' "delay, deny, underpay" tactics on commercial property claims, with bad faith red flags including lowball estimates and failure to investigate; Florida's shifting bad faith laws highlight litigation costs versus public adjuster resolutions.
Source: insurancebusinessmag. Original: https://www.insurancebusinessmag.com/us/news/risk-compliance-legal/ninth-circuit-blows-open-162-million-legacy-policy-fight-over-aggregate-limits-573072.aspx
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