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Started By
Message
re: Louisiana losing Insurance Carrier vs Florida
Posted on 12/9/22 at 4:32 pm to Motorboat
Posted on 12/9/22 at 4:32 pm to Motorboat
quote:Eh, Florida has some stuff screwy with their legal system when it comes to insurance. Not sure exactly what frickery they have, but the state of Florida is responsible for around 8% of the nation's yearly home insurance claims on average, but roughly 75% of the lawsuits related to those claims
i.e. reduce the amount insurers will have to pay and limit rights of insureds.
This post was edited on 12/9/22 at 4:33 pm
2
Posted on 12/9/22 at 4:39 pm to Tiger Prawn
quote:
Florida has some stuff screwy with their legal system when it comes to insurance. Not sure exactly what frickery they have,
Mostly to do with "Assignment of Benefits" which allows contractors to sue if the carrier doesn't approve their bloated estimate
Posted on 12/9/22 at 5:42 pm to Tiger Prawn
I was in FL recently and so much of their attorney advertising revolves around “wins”
As in we won 2M, we won 500K, we won 100 cases last year.
Like it was the lottery or a football game.
As in we won 2M, we won 500K, we won 100 cases last year.
Like it was the lottery or a football game.
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