Legal & Judicial

Bad Faith Reform | Session Priorities Index

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Bad Faith Reform

AIF SUPPORTS legislation establishing a 60-day time frame during which an insurer may investigate and, if warranted, offer policy limits to settle a liability claim. Under HB 427 by Rep. Kathleen Passidomo (R-Naples), the offer of policy limits within 60 days demonstrates a “good faith” effort by the insurer to settle a liability claim on behalf of its insured.

An unbalanced civil justice system in Florida dampens the ability for employers to recover from the economic downturn and to create new jobs. Increased civil litigation directly costs businesses through increased premiums for liability and automobile insurance and indirectly through management and employees’ time diverted to lawsuits. One of the most egregious abuses in the system is denying a business and its insurer a reasonable time to settle a liability claim without litigation.