Appraisal Awards Support Bad Faith Claims, Fla. Court Says

Law360, New York (September 12, 2012, 10:26 PM EDT) -- A Florida appeals court has dealt a major blow to insurers arguing that policyholders must win a breach of contract claim before they can bring bad faith actions, ruling last week that insureds that score a favorable appraisal award in a property damage dispute can pursue bad faith litigation.

The decision came down in Trafalgar at Greenacres Ltd.'s dispute with Zurich American Insurance Co.  over Hurricane Wilma damage to a shopping center in 2005. The ruling is especially important for Florida policyholders because appraisals have been...
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