Tag Archives: Bad faith violations
Four Examples of Bad Faith Insurance Practices
Under Florida law, first party insurers have a legal duty to handle all insurance claims using good faith settlement practices. At the most basic level, this means that insurance companies are obligated to act “honestly” and “fairly” towards insured parties. Unfortunately, all too often, insurance companies fail to live up to this responsibility. The… Read More »
Florida Property Insurance: Understanding Agent Negligence
Imagine that your home just sustained major property damage. You know that you have stressful times ahead of you, but at least you also know that you have adequate property insurance coverage. However, when you go to file your claim, you find out that you do not actually have the coverage that you thought… Read More »
Florida Bad Faith Insurance Claims: What Damages are Available?
Companies that offer property insurance policies in Florida have a legal duty to treat their policyholders fairly. This is because Florida has a good faith requirement for handling insurance claims. When a company violates its good faith obligations, it can cause major headaches and financial damage to victimized policyholders. Companies must be held accountable… Read More »