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Personal Injury Law Blog

By Joe Parrish on Friday, June 17, 2011 7:40 AM

The Insurance industry is trying to scare the public, once again, in order to make bigger profits at the expense of Florida Citizens.  Currently, Florida recognizes a cause of action against insurance companies when the company does not abide by their duty to protect the insured under the language of the policy.  For years the insurance industry has made billions of dollars by denying, delaying and defending meritorious claims.  They will first deny the claim persistently in hopes that the insured will give up on their claim.  Then the insurance company will delay the claim in hopes that the insured will tire of the negotiations and accept pennies on the dollar.  If that doesn’t work, they will defend the claim and force the insured into lengthy and costly litigation in order that they may hold on to the money they owe and collect interest for as long as possible.