Tag Archives: Faith

An Appraisal Award Satisfies the Favorable Resolution Requirement Making a Bad Faith Claim Ripe

In Florida, an insured cannot file a bad faith action against his or her carrier without first resolving the underlying claim. Specifically, there needs to be a determination of liability and a determination as to the amount of the loss. This requirement is referred to as the “Favorable Resolution Requirement.” Carriers often argue a judgment … Continue Reading

Bob Hartwig Speaks Before the International Association of Claims Professionals

I was the "token" consumer advocate at the Annual Convention of the International Association of Claims Professionals, where Bob Hartwig provided a paced presentation, After the Crisis: Overview & Outlook of the P-C Industry. His presentation is worthy of study and not necessarily because of the factual content. Hartwig is the President of the Insurance Information Institute and a chief propagandist for the insurance industry's efforts to reduce consumer protection and allow insurers to wrongly delay or deny claims without accountability… Continue Reading

Why Should Citizens Do Wrong And Get Away With It?

The Florida Legislature passed a law in 1982 that provides for a Policyholder Remedy when an insurer fails to act in good faith and causes damage to the policyholder.  As a result, insurers could be held accountable to their policyholders under a "good faith" duty and standard of conduct similar to the "good faith" duties … Continue Reading