First-party bad faith claims present another significant challenge in Florida's insurance defense arena. Bad faith occurs when an insurer is alleged to have failed to fulfil its contractual obligations to the policyholder, such as by improperly denying a claim or delaying payment. In Florida, bad faith claims have become increasingly common, often involving substantial financial exposure for insurers. Defense attorneys must be vigilant in identifying potential bad faith claims early in the litigation process. Pre-emptive strategies, such as thorough claim investigations and clear communication with policyholders, can help mitigate the risk of bad faith allegations. Once in litigation, defense attorneys must craft robust defenses to demonstrate that the insurer acted reasonably and within the bounds of the policy. Taking the time on all claims and identifying all issues early on is the motto. What mantra’s do you implement in your handling of claims? Lucosky Brookman LLP – Relationship Focused. Results Driven. #LucoskyBrookman #insurancedefense #litigation #sustainability
Shannan Holder Starkey’s Post
More Relevant Posts
-
What I want for Christmas/Hanukkah/Kwanzaa from my fellow New York coverage attorneys: the recognition that a coverage action need not be filed in the same venue as the underlying tort action to which it relates. It continues to shock me that coverage attorneys regularly file DJ actions in such insurer unfriendly counties as Kings, Queens, and the Bronx simply because the underlying action is filed there. Remember, an action may be filed in any county in which any party resides within New York State. Insurers often have primary offices in New York County even if they are registered in other states, thus allowing them to file in that county, where the judges are far more likely to be familiar with insurance coverage or at least general contract disputes. Failing that, foreign insurers may usually file suit in federal court, which likewise tends to have such judges. Think before you file.
-
"We can evaluate policy coverage, advise clients on benefits, counsel and litigate claims. We provide advice and strategies that identify coverage opportunities, protect against unnecessary losses, mitigate damages, and secure payment or recovery from insurance policies through litigation and alternative means." Continue reading "Insurance Coverage Litigation and Analysis" #insurancecoverage #litigation #analysis #buylocal #shoplocal #laws #callustoday #Franklingreenswagchannoncapillallc
-
Maximize the power of a police report with the guidance of a personal injury attorney, like Foley & Murphy! Our expertise in interpreting and leveraging this vital document can strengthen your claim. Trust our knowledge to navigate negotiations with insurance companies or in the courtroom. https://bit.ly/4fNonw8
Our Team | Foley & Murphy | Like Having an Attorney in the Family
foleyandmurphy.com
-
Legal system abuse is a concerning trend that inflates costs for consumers and businesses. From aggressive plaintiff attorney advertising to third-party litigation funding, these trends are burdening households and businesses. Check out the recent Business Insurance article by Maura L. Freiwald, Head of Casualty, Munich Re US and Bonnie L. Guth, Head of Government Affairs, Munich Re America Services, Inc. as they dive into the drivers, the long-term impacts, and steps to mitigate the risks of legal system abuse. https://ow.ly/T9Tc50R24Xh #LegalSystemAbuse #RiskMitigation
Legal system abuse inflates costs for all | Munich Re
munichre.com
-
The 20th ep. of the #policyholderplaybook uses a recent 11th Circuit decision to emphasize that, to trigger an insurer's duty to defend, the insured must find just one potentially covered allegation. That's the case even if most of the underlying pleading triggers exclusions or otherwise falls out of coverage--all you need is a sliver to get the whole pie (🥧). Haynes and Boone, LLP #insurancerecovery #insurancelaw #dutytodefend
Policyholder Playbook Episode 20: To Trigger the Duty To Defend, Find One Covered Allegation
haynesboone.com
-
The litigation landscape is rapidly evolving—and it's more than just social inflation. Legal system abuse is becoming a key driver of increased costs and reduced availability of insurance, fueled by rising investor and attorney interests. Join Big I Maryland Partner, Liberty Mutual TODAY at 1 PM ET for a critical session on the new challenges facing the insurance industry: escalating verdicts, growing liability risks, and rising costs for businesses and consumers alike. Don’t miss this important discussion—secure your seat now! [bit.ly/3zG24rW]
-
-
Mistakes Happen In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. At Professional Insurance Advisors, LLC., we understand that mistakes happen. That is why we are committed to helping ...... https://lnkd.in/gDHwQYz8
-
-
Mistakes Happen In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. At Professional Insurance Advisors, LLC., we understand that mistakes happen. That is why we are committed to helping …... https://lnkd.in/gDHwQYz8
-
-
Mistakes Happen In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. At Professional Insurance Advisors, LLC., we understand that mistakes happen. That is why we are committed to helping ...... https://lnkd.in/gDHwQYz8
-
-
Mistakes Happen In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim. At Professional Insurance Advisors, LLC., we understand that mistakes happen. That is why we are committed to helping ...... https://lnkd.in/gDHwQYz8
-
