Legal Theatrics and Florida’s Bad Faith Laws Florida’s “Bad Faith” laws applying to Insurance companies have created a shameful mockery of justice. Bad Faith laws were originally intended to make legal representation available to people with limited funds. There are two kinds of bad faith claims. Insured people may have a first-party bad faith claim […]
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Florida’s Third-Party Bad Faith Lawsuits
In Florida’s current justice system, anyone who feels that an insurance company has caused an unfair settlement of a claim can seek restitution in court. Unless they were parties to the original policy (a contract), they must wait until there has been a verdict or settlement in the original case. If an insurer fails to […]
The Economic Standard: Florida Bill Addresses “Sue and Settle” Bad Faith Claims
A bill (SB 924) was introduced in the Florida Senate relating to third-party bad faith actions against insurers. SB 924 is a successor to a bill that was allowed to die last year. The bill is an attempt to quell ridiculous damage awards for so-called “bad faith” actions against insurers. Until the bill is enacted, […]
Waco Tribune Herald: Government Loses Billiions Coddling Coastal Elites
If experts are to be believed, climate change is set to reshape America’s physical geography through rising sea levels and increasingly wild weather. Despite the risks, many federal programs are being used to protect some of America’s wealthiest seaside communities. Rather than forcing taxpayers to bankroll their beach lifestyle, the Federal Emergency Management Agency should […]
Inside Sources: It Is Time to Fix the Federal Flood Insurance Program
Better mapping and pricing at risk is paramount, and spreading that risk to private insurers is necessary to cut this wasteful federal spending. It’s time for Congress to stop kicking the can down the road and fix the problem. You can read this op-ed in Inside Sources. How the Rich are Using Federal Money to […]
Orlando Sentienel: Florida Insurance Rules are Punishing Consumers
Florida state insurance law has led to increased insurance rates for consumers with little or no benefit to them. The current Assignment of Benefits (AOB) rules have resulted in an extremely unlevel playing field involving on one side contractors and lawyers, and on the other side consumers and insurance companies. This has resulted in consumers […]
Florida’s Assignment of Benefits Insurance Swindle
The Assignment of Benefits (AOB) fraud and abuse has affected hundreds of thousands of Floridians. In the first three quarters of 2018, there were 135,000 AOB cases. Homeowners are dragged into the swindle when they assign to a restoration contractor the right to have their insurance company pay for repairing damage to their home. The […]
THE HILL: National Flood Insurance Program Needs Long-Term Reauthorization to Address Key Challenges
As the House Financial Services Committee Meets this week to discuss reauthorizing the National Flood Insurance Program (NFIP), there is a lot at stake. The NFIP, on which 5 million Americans depend for protection from flooding, began with the best of intentions — reducing the burden on federal taxpayers stemming from flood relief while providing […]
The Hill: Shutdown Should Focus Attention on Common-Sense Flood Insurance Reform
As the partial federal government shutdown drags on, numerous agencies have closed shop or are operating with a skeleton crew. That includes the National Flood Insurance Program (NFIP), the government-run insurer intended to help Americans recover from floods. With more than 5.1 million policies providing over $1.3 trillion in coverage, the NFIP is by far […]
Daily Caller: Insurance Scam Causes Skyrocketing Insurance Rates For Florida Home Owners
Even before hurricanes hit Florida over the last two years, residents were seeing their homeowner’s insurance rates increase sharply for more than a decade year after year. The culprit for these increases surrounds scams by crooked contractors assisted by a cabal of trial attorneys. You can read this op-ed by visiting the Daily Caller.