Podcast: What Insurers Should Know About Bad Faith Claims in Florida
June 5, 2014
"The most troubling claims of bad faith in Florida tend to involve allegations that the insurer failed to settle a claim against its insured when a reasonably prudent insurer who was acting in the best interest of the insured would have done so," Charlie Lemley, partner in Wiley Rein’s Insurance Practice.
I recently had the opportunity to speak in an A.M. Best podcast regarding what insurers should know about bad faith claims in Florida. The podcast covers:
- How bad faith exposure in Florida differs from other states.
- How plaintiffs’ lawyers in Florida “set up” insurers for bad faith claims.
- How insurers can both protect their insureds and insulate themselves from bad faith liability in what is often perceived as a difficult venue for insurers.
