Fla. Insurance Case Could Set Precedent for Hurricane Claims
The Florida Supreme Court was asked Thursday to decide issues that may dictate the handling of hurricane claims, insurance payouts and deductibles. The case in dispute involves an $8.1 million federal verdict won by a Florida condo association against Australia-based QBE Insurance over its handling of a claim after Hurricane Wilma in 2005. The main issues: Does Florida recognize a claim for breach of implied warranty of good faith and fair dealing? If so, must the claim be brought after the fact like a bad faith claim?
