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re: Louisiana losing Insurance Carrier vs Florida

Posted on 12/9/22 at 4:22 pm to
Posted by Monsieur le Duc
Château de Chantilly
Member since Aug 2014
675 posts
Posted on 12/9/22 at 4:22 pm to
florida already had a special session this year to address insane homeowner's insurance rates, and the legislature accomplished next to nothing. so be patient before turning this into a god-emperor desantis circle jerk.

eta: "reduce cost of litigation" = we're going to make it harder to sue your insurer when they frick you in the mouth.
This post was edited on 12/9/22 at 4:24 pm
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 12/9/22 at 4:25 pm to
quote:

we're going to make it harder to sue your insurer when they frick you in the mouth.



So Tort Reform
Posted by Zephyrius
Wharton, La.
Member since Dec 2004
7971 posts
Posted on 12/9/22 at 4:26 pm to
we found the atty
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65949 posts
Posted on 12/9/22 at 4:30 pm to
quote:

eta: "reduce cost of litigation" = we're going to make it harder to sue your insurer when they frick you in the mouth.
If anyone in the Insurance equation is getting “fricked in the mouth” in Louisiana, the dick belongs to fellows named Morris and Gordon.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
5313 posts
Posted on 12/9/22 at 4:37 pm to
quote:

Monsieur le Duc


I’m afraid you’re out of your element with this convo.
FL has like 8% of all homeowners ins policies in America, but 83% of all homeowners litigation due to “assignment of benefits”, which is basically:
You have a claim. Assign benefits to contractor. He hires law firm and squeezes every penny out of your policy/carrier.
They are working to rectify that, as the practice has directly led to several bankruptcies. It’ll take 18 months to see progress it’s expected.
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