News & Updates

bad faith

Special Session Proposals Address Property Market Concerns

Special Session Proposals Address Property Market Concerns

The Florida House of Representatives and Senate have released their proposals for next week’s special session on property insurance reform.  The special session follows last month’s call from Governor Ron DeSantis for a special session dealing with the crisis in Florida’s residential property insurance market. Reinsurance Protection Although their proposals are subject to change when […]

Continue Reading →

PIP Repeal Bill Passes Senate Committee

PIP Repeal Bill Passes Senate Committee

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 […]

Continue Reading →

Divided Florida Supreme Court Sends Bad Faith Message

Divided Florida Supreme Court Sends Bad Faith Message

In a 4-3 decision, the Florida Supreme Court in Harvey v. GEICO General Insurance Company sent a sobering message to insurers. In Harvey, the insured was involved in an accident with another driver who died as a result of his injuries. More here. The insured was covered under a policy providing $100,000 in liability coverage. […]

Continue Reading →

Supreme Court Confirms Citizens Bad Faith Immunity

Supreme Court Confirms Citizens Bad Faith Immunity

The Florida Supreme Court has concluded that Citizens Property Insurance Corporation is not liable under section 624.155 for statutory first-party bad faith actions. The court in Citizens Property Insurance Corporation v. Perdido Sun Condominium Association, Case No. SC14-185, reasoned that the Florida legislature gave Citizens broad immunity from legal actions, with limited exceptions. Statutory bad […]

Continue Reading →

Bad Faith Reform Stalls

Bad Faith Reform Stalls

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 […]

Continue Reading →

Senate Committees to Study Property and Casualty Insurance Issues

Senate Committees to Study Property and Casualty Insurance Issues

Each year, the legislature asks its committees to review significant issues and prepare reports in anticipation of the the next legislative session.  This year is no different, and the Senate recently released its list of interim projects.  Projects of the Banking & Insurance Committee can be seen in the attached document. Project 2012-11 will be […]

Continue Reading →

Scott Campaign Releases Insurance Platform

Scott Campaign Releases Insurance Platform

Rick Scott’s campaign for Governor has released a paper on insurance and tort reform issues.  Candidate Scott vows to restore Citizens Property Insurance Corporation to its initially envisioned role as a market of last resort.  He emphasizes the importance of allowing the private market to compete amongst themselves, with competition serving as the primary determinant […]

Continue Reading →