Florida's 2023 law requires homeowners to secure a court judgment before pursuing bad faith claims against property insurers, amid high denial rates for storm damage including floods, roofs and water, with nearly half of 2024 hurricane claims closed without payment.
Florida's 2023 law requires homeowners to secure a court judgment before pursuing bad faith claims against property insurers, amid high denial rates for storm damage including floods, roofs and water, with nearly half of 2024 hurricane claims closed without payment.
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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