Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says
Section 624.1551, Florida First District Court of Appeal, bad faith reform, Insurance Regulation News
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Section 624.1551, Florida First District Court of Appeal, bad faith reform, Insurance Regulation News
auto insurance, PIP, bad faith reform, Florida courts, U.S. 11th Circuit Court of Appeals
A Senate committee has advanced SB 1052 on a 5-3 vote. The bill is one of two proposals pending in the Senate that would replace Florida’s no-fault (PIP) auto insurance system with mandatory bodily injury coverage. The other Senate bill has not been heard in committee. Perhaps more importantly, the Florida House also has not […]
The effort to reform Florida’s “bad faith” law hit a roadblock in the House of Representative that might signal its demise for this year. The House Civil Justice Subcommittee narrowly defeated HB 427 by an 8-7 vote. The bill would extend the provisions of Section 624.155, Florida Statutes, to common law bad faith claims in […]
Florida Legislature, Insurance Regulation News, bad faith reform
Florida Legislature, Insurance Regulation News, bad faith reform
The regulatory reform transition team assembled by Governor-elect Rick Scott has released a document summarizing some of the key elements that will guide the Governor’s administration in the coming months and years. The summary asserts that Florida’s regulatory system in general has lost touch with its strategic purpose and has a culture of imposing barriers rather […]