David Adelstein | Florida Construction Legal Updates A recent insurance coverage dispute involving an automobile liability insurance policy contains a worthy discussion, particularly on the difference between a policy defense and a coverage defense. In this case, the carrier did not provide a defense to the defendant and the plaintiff and defendant entered into a Coblentz agreement. The plaintiff, as assignee of the… Continue reading Florida Claims Administration Statute and Difference Between Policy Defense and Coverage Defense
Category: Insurance
Split Decision: Florida Districts Clash Over Insurance Coverage for Unperformed Repairs
Tiffany Bustamante | Property Insurance Law Observer In the recent decision Universal Property & Casualty Insurance Co. v. Qureshi, the Florida Fourth District Court of Appeal held that homeowners cannot recover replacement cost benefits unless they have incurred expenses for repairs. The court emphasized that under both the insurance policy’s plain language and Florida Statute §627.7011(3)(a),… Continue reading Split Decision: Florida Districts Clash Over Insurance Coverage for Unperformed Repairs
People’s Trust Managed Repair Clause Survives Another Florida Legal Challenge
William Rabb | Insurance Journal After at least three appeals court decisions in the last four years, homeowner lawsuits that take issue with a Florida insurance carrier’s managed repair program may finally have run their course. “It really should” be a nail in the coffin for similar complaints by policyholders, said Josh Beck, one of… Continue reading People’s Trust Managed Repair Clause Survives Another Florida Legal Challenge
When the Appraisal Says One Thing, But the Policy Says Another: A Florida Insurance Case Study
Tiffany Bustamante | Property Insurance Law Observer In a recent decision by the U.S. District Court for the Middle District of Florida, Wood v. GeoVera Specialty Insurance Company (2024 WL 3952571), the court affirmed that unambiguous policy limits remain enforceable even when an appraisal award exceeds those limits. This decision provides valuable guidance for insurers handling post-catastrophe claims.… Continue reading When the Appraisal Says One Thing, But the Policy Says Another: A Florida Insurance Case Study
Actual Loss Under A Title Insurance Policy Is Calculated Based On The “Highest And Best Use” Of The Insured Real Property
John L. Hosack and Jason E. Goldstein | Buchalter In a victory for all insureds who have title insurance policies, and possibly a victory for insureds under other real property related insurance policies, the California Court of Appeal in Tait v. Commonwealth Land Title Insurance Company (2024) 103 Cal.App.5th 271, 277 (rev. denied, 10/2/24), held that an insured’s actual… Continue reading Actual Loss Under A Title Insurance Policy Is Calculated Based On The “Highest And Best Use” Of The Insured Real Property