June 2019 - FPCA Florida Property & Casualty Association

Property Casualty 360: New Florida AOB insurance law likely to slash attorney fees

FpcaAdmin 2019-06-11T21:47:46+00:00 June 11th, 2019|Daily News|

A new Florida law to curb alleged fraud by contractors could create collateral damage for lawyers by slashing attorney fees in insurance litigation — and all just in time for hurricane season. Before May 23, contractors could enjoy a one-way attorney fee privilege. It meant win or lose, they wouldn’t be liable for attorney fees [...]

PC360: Florida’s new AOB insurance law is conjuring a storm

FpcaAdmin 2019-06-06T19:30:58+00:00 June 6th, 2019|News Coverage|

Every time Santa Rosa Beach restoration contractor Ken Larsen submits a request for payment, he braces himself. It’s always a fight, Larsen says, that rumbles for weeks, months, years, catapulting between 40% and 80% of his annual earnings into limbo. Read more from Property Casualty 360 here.