The question gets asked whenever insurance companies pull out of the Florida market: Why can't the state pass a law to require large insurers who want to sell auto insurance policies in the state to also sell a certain number of homeowners policies? Turns out the state enacted such a law in 2007 and has apparently forgotten about it since then.
In most circumstances involving an insurer's extension of coverage for a property loss, an appraisal provision in an insurance policy provides an insured and an insurer a mechanism.
The Florida Supreme Court reversed course Monday, opting to not entertain the appeal of a ruling that allows insureds to select an appraiser with a financial stake in the appraisal award despite hearing oral arguments last month.
A Florida appeals court has reversed a trial judge, finding that a homeowner's State Farm policy did not cover damages from a septic tank leak because of