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Message
re: Louisiana losing Insurance Carrier vs Florida
Posted on 12/9/22 at 4:22 pm to Zephyrius
Posted on 12/9/22 at 4:22 pm to Zephyrius
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.
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 on 12/9/22 at 4:25 pm to Monsieur le Duc
quote:
we're going to make it harder to sue your insurer when they frick you in the mouth.
So Tort Reform
Posted on 12/9/22 at 4:30 pm to Monsieur le Duc
quote:If anyone in the Insurance equation is getting “fricked in the mouth” in Louisiana, the dick belongs to fellows named Morris and Gordon.
eta: "reduce cost of litigation" = we're going to make it harder to sue your insurer when they frick you in the mouth.
Posted on 12/9/22 at 4:37 pm to Monsieur le Duc
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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