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Policyholder Protections May Be Stripped Away

A news story was recently televised on WFLA News Channel 8 presenting some potentially alarming developments regarding insurance. Florida legislators may be paying closer attention to lawyers representing insurance companies, citing House Bill 751 and Senate Bill 1464. These bills appear to include language that would make it harder for policyholders to take action against their insurance company should a situation arise.

Florida has already developed a reputation for the complex process involved in filing a bad faith lawsuit. The insurer must first receive a notice. If the insurer pays for the contract damages within a period of sixty days, it is not liable for any other damages that may have been caused. There is also a “business practice” requirement.

To read more, please visit https://www.propertyinsurancecoveragelaw.com/2019/03/articles/bad-faith/florida-investigative-report-highlights-florida-legislators-taking-away-policyholder-protections/. If you’re having issues with your insurance company or need some legal assistance to help you with a claim and getting the money you need to make repairs, please contact us to discuss your options.

This information is provided by Miami insurance lawyer Alonso & Perez, LLP. Our areas of practice include bankruptcy, insurance litigation, foreclosure defense, immigration law, and more. Call 305-676-7545 to speak with one of our attorneys or a property insurance disputes Miami lawyer and receive a free consultation We look forward to working with you.

This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.