Court allows bad faith claim to move forward

Wed Apr 20th, 2011 on     Bad Faith Insurance,    

A federal judge recently denied a motion for summary judgment in a case brought by a health insurance policyholder. The woman claimed her insurer acted in bad faith when it denied payment for a residential program to treat her anorexia. The case was not in Florida; the ultimate outcome, though, could influence bad faith claims across the country.

Job loss insurance gaining popularity in Florida (concl.)

Mon Apr 18th, 2011 on     Homeowners Insurance,    

We’ve been discussing job loss, or “unexpected unemployment,” insurance. The subject will come up during a home buyer’s negotiations with lenders or builders, and Florida borrowers should know that the insurance will likely be presented as coverage at no cost to the home buyer — “Why not? It’s free!” But it’s not really free — the premiums can be steep, even though the lender gets a wholesale rate from the insurance company, and are rolled into other costs or fees associated with the purchase. In addition, there are eligibility rules and caps on monthly benefits to consider.

Job loss insurance gaining popularity in Florida (cont.)

Fri Apr 15th, 2011 on     Insurance Claims,    

We’re continuing our discussion of job loss insurance. It’s a different kind of coverage from homeowner insurance or auto insurance in terms of benefit triggers and maximum payments. Florida home buyers would come upon it when working with a mortgage lender, homebuilder or developer. The insurance will pay the mortgage if the borrower loses his job.

Job loss insurance gaining popularity in Florida

Thu Apr 14th, 2011 on     Insurance Claims,    

When you think about insurance for your home, you usually think about your property insurance and maybe mortgage insurance. (Mortgage insurance protects the lender if you die or become disabled.) In Florida, you’ll probably think about flood insurance, too. But would it ever occur to you to buy job loss, or “unintended unemployment,” insurance?

An unlikely pair: life insurance and cell phones

Fri Apr 8th, 2011 on     Insurance Claims,    

We’re taking a brief detour from Florida’s insurance woes today. We noticed a brief news article about an insurance company that’s taking full advantage of new technology while offering coverage to countries that have no insurance industry to speak of. The article talked about the insurance sale, but not claims payment, though, so we’ll leave that to speculation.

Citizens overhaul closer to becoming law

Thu Mar 31st, 2011 on     Homeowners Insurance,    

The Florida Senate Banking and Insurance Committee has been busy lately. A bill that lawmakers hope will send Floridians away from Citizens Property Insurance Corp. made it out of committee on a 6-4 vote this week. If enacted, the proposed law would raise premiums and limit the types of coverage the state-run insurer could offer.

Insurers ask Fla. Senate to bend and ‘flex’

Sat Mar 26th, 2011 on     Homeowners Insurance,    

Lawmakers are delivering on their promise that insurance would be a major focus of this legislative session. A bill advanced in the Florida Senate recently that would dramatically change the way insurance companies institute rate hikes. The proposal would allow homeowners insurers to raise rates by a statewide average 15 percent above their current rates without prior approval of the Office of Insurance Regulation.

‘Bad faith’ bill advances in Fla. Senate

Thu Mar 24th, 2011 on     Bad Faith Insurance,    

Proposed legislation that would substantially change existing insurance law barely made it out of the Judiciary Committee of the Florida State Senate this week. For some members of the committee, the bad faith provision of Senate Bill 1592 is especially troubling. The bill is supposed to encourage settlements “in a fair and objective manner,” according to the sponsor. Opponents, however, say the bill, in effect, is killing an ant with an elephant.

Super Lawyers
Florida Legal Elite
Top Lawyer - South Florida Legal Guide
Association of Corporate Counsel - South Florida Chapter
Back to top