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Is an Insurance Company’s Underpayment a Breach of Contract? A Florida Court Says Maybe Not | Property Insurance Coverage Law Blog
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Is an Insurance Company’s Underpayment a Breach of Contract? A Florida Court Says Maybe Not | Property Insurance Coverage Law Blog
Yesterday’s decision from Florida’s First District Court of Appeal, Bailetti v. Universal Property & Casualty Insurance Company, 1 highlights an increasingly difficult hurdle for policyholders who claim their insurer breached the policy by underpaying a loss. While I criticize the ruling and disagree with the precedent it has created, this is an important case for all … The post Is an Insurance Company’s Underpayment a Breach of Contract? A Flor…
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