As lawmakers in Tallahassee try to get Floridas property insurance crisis under control, theyre taking a closer look at how insurance disputes play out in the court system.
On average, everyday more than 350 lawsuits are filed against insurance companies in the sunshine state.
The state legislature is considering ending one-way attorney fees, which the insurance industry says is one of the biggest cost drivers.
The statute requires insurers to pay the plaintiffs legal fees if the carrier loses in court.
This is the only chance they have to get this very volatile insurance market under control, said Mark Friedlander with the Insurance Information Institute.
According to an analysis from state insurance regulators, more than 80% of all pr…
Read the full article at: https://www.fox4now.com/news/local-news/investigates/legislature-considers-ending-one-way-attorney-fees