It is no secret that insurance rates in the state of Florida have skyrocketed over the past several years. One of the catalysts to the increased rates was Florida’s attorney fee statute, which had the effect of incentivizing...more
4/10/2025
/ Attorney's Fees ,
Breach of Contract ,
Florida ,
Good Faith ,
Insurance Litigation ,
Insurance Rates ,
Insurance Regulations ,
Mediation ,
New Legislation ,
Property Insurance ,
Reporting Requirements ,
Statutory Interpretation
The Florida Legislature passed Senate Bill 2-A (“SB2A” or the “Act”), which was signed into law on December 16, 2022. The Act has the potential to significantly reduce litigation of first party property cases in the state of...more
12/16/2022
/ Appraisal ,
Assignment of Benefits (AOB) ,
Attorney's Fees ,
Bad Faith ,
Deadlines ,
Florida ,
Insurance Claims ,
Insurance Reform ,
Investigations ,
Mandatory Arbitration ,
New Legislation ,
Proof of Loss ,
Property Insurance
The Florida Legislature passed House Bill 7065 (“HB 7065” or the “Act”), which takes effect today, July 1, 2019, as Section 627.7152, Florida Statutes. The Act regulates post-loss assignment of benefits (“AOB”) contracts...more
7/1/2019
/ Assignees ,
Assignment of Benefits (AOB) ,
Attorney's Fees ,
Burden-Shifting ,
Fee-Shifting ,
Florida ,
Insurance Claims ,
Insurance Regulations ,
New Legislation ,
Property Insurance ,
State and Local Government