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Started By
Message
Florida cracks down on frivolous lawsuits, insurance goes down..
Posted on 5/26/24 at 3:24 pm
Posted on 5/26/24 at 3:24 pm
quote:
State regulators and insurance experts all say it's because of the legislation passed a couple of years ago to curb frivolous lawsuits. Insurance carriers are now saving hundreds of millions of dollars a year in legal bills and are including those savings in their rate requests.
quote:
So far this year, ten carriers have filed a zero percent increase with the state, and nine now have filed for decreases. But your own renewal policy could go up or down.
quote:
Other positive news for insurance in Florida overall is that eight new insurance companies have come into the market, creating more competition and major insurers that left the state are in serious talks about returning.
LINK
But but it’s the evil insurance companies….
37
Posted on 5/26/24 at 3:29 pm to TJG210
Shocking
Posted on 5/26/24 at 3:32 pm to TJG210
quote:
But but it’s the evil insurance companies…
Or maybe they made it easier for the companies to deny otherwise legitimate claims and screw their customers over...
Posted on 5/26/24 at 3:33 pm to TJG210
quote:
major insurers that left the state are in serious talks about returning.
till one good hurricane passes through
Posted on 5/26/24 at 3:34 pm to TigerGman
quote:
Or maybe they made it easier for the companies to deny otherwise legitimate claims and screw their customers over
Come on, G. You don’t really believe your own propaganda.
Posted on 5/26/24 at 3:35 pm to TigerGman
quote:
Florida cracks down on frivolous lawsuits, insurance goes down..
Well, we live in a cesspool of Plaintiff lawyers whose lobby is probably the strongest in the nation, we don’t have to worry about tort reform legislation cracking down on frivolous lawsuits.
quote:
Or maybe they made it easier for the companies to deny otherwise legitimate claims and screw their customers over...
I love the uneducated on this board.
Posted on 5/26/24 at 3:38 pm to TJG210
FL's attack on plaintiffs lawyers has been great. Ambulance and storm chasers are big mad
Posted on 5/26/24 at 3:38 pm to TigerGman
quote:
Or maybe they made it easier for the companies to deny otherwise legitimate claims and screw their customers over...
Show your work that lead you to this conclusion.
ETA: And emotions don’t count.
This post was edited on 5/26/24 at 3:39 pm
Posted on 5/26/24 at 3:39 pm to TJG210
Multiple people on this board have said that doesn’t have anything to do with it.
Posted on 5/26/24 at 3:39 pm to Slippy
quote:
Come on, G. You don’t really believe your own propaganda.
Meh...somebody's gotta point out the obvious...
Posted on 5/26/24 at 3:40 pm to High C
Boosie will be here shortly to drop some knowledge on us uneducated folk
Posted on 5/26/24 at 3:42 pm to Darth_Vader
quote:
Show your work that lead you to this conclusion.
Talk to anyone in the Lake Charles area about getting screwed over by insurers on Hurricane damage claims...
Posted on 5/26/24 at 3:43 pm to TigerGman
quote:
Or maybe they made it easier for the companies to deny otherwise legitimate claims and screw their customers over...
People aren’t stupid.
You can turn on the TV and watch attorneys battling for those big checks. You can drive down the interstate and see all the billboards and lush attorney headquarters.
The attorneys are getting richer and richer and rates keep going up to feed them.
Posted on 5/26/24 at 3:45 pm to TJG210
The hot new (well, maybe it isn’t new) Slip n Fall lawsuit is “Dog Bite” case.
Posted on 5/26/24 at 3:50 pm to TigerGman
Agreed. I’ve always said legitimate claims are the ones where the injured person turns down a hospital visit on the day of the accident only to visit a doctor after they see a lawyer. And proceeds to go to the chiropractor for six months like it’s their job. That’s a good claim.
Posted on 5/26/24 at 3:50 pm to TJG210
Louisiana’s problem is 100% our laws. Our laws allow the lawsuits. Until lawmakers change the laws, insurance rates cannot and will not go down.
Posted on 5/26/24 at 3:51 pm to NIH
quote:
Agreed. I’ve always said legitimate claims are the ones where the injured person turns down a hospital visit on the day of the accident only to visit a doctor after they see a lawyer. And proceeds to go to the chiropractor for six months like it’s their job. That’s a good claim.
Ugh, you do realize the article is about homeowner's insurance right?
Posted on 5/26/24 at 3:54 pm to TigerGman
Florida has had major reform for personal injury claims as well.
Posted on 5/26/24 at 3:56 pm to catfish 62
quote:
The hot new (well, maybe it isn’t new) Slip n Fall lawsuit is “Dog Bite” case.
You would think that would be one tOT would get behind.
Posted on 5/26/24 at 3:59 pm to TJG210
Ambulance chasers are some of the most disgusting human beings alive.
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