25Apr 2023 by Pat Geddie
How does House Bill 837 Affect Bad Faith Claims

How does House Bill 837 Affect Bad Faith Claims

homeowners insurance claims
Governor Ron DeSantis signed HB 837 on March 24, 2023.  This new law provides sweeping reforms that dramatically effect Florida’s insurance and tort landscape.  As proof of their impact, Plaintiffs have filed thousands of lawsuits to get in under the wire before these laws take effect.  HB 837 is beneficial to only the insurance carriers.  It does nothing for Plaintiffs other than make it harder for them to collect settlements owed for their claims.  Protections For Insurance Companies Against Bad-Faith Claims Extra-contractual liability is costly for insurance companies and is an overall way to keep their settlement practices in check.  Insurance companies risk extra-contractual liability if they do not settle a claim in a timely manner or when the circumstance require.  See  Section 624.155  HB 837 provides protections for insurance carriers…
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20Oct 2022 by Pat Geddie
Homeowner Insurance Claims

Homeowner Insurance Claims

homeowners insurance claims
Wind Damage High velocity winds can cause permanent damage to your property.  Common wind damage claims involve roofs blowing off, tress falling on your property, fences being blown down, shingles/tiles being lifted and window leaks.  In regard to Hurricane Ian, Cayo Costa, Florida, was hit with maximum sustained winds of 150 mph.  This type of wind speed can cause damages that aren't realized upon the initial assessment of your property.  Damage caused by wind is covered under most homeowners insurance policies, but the terminology used when making a claim can trigger policy exclusions and conditions.  Quattrochi, Torres and Taormina is currently handling numerous Hurricane Ian wind damage claims in an effort to return policyholders' homes to their pre-hurricane condition.  Don't get caught up in the claims process, let Quattrochi, Torres…
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