Florida Bad Faith Law – Is Your Insurance Company Acting In Good Faith?
The current Florida bad faith law is comprised of both common law and Florida Statute. Under Florida Law, an insurer has a duty to exercise good faith in evaluating and examining the validity of claims against its insured.
Although Florida does recognize third party common law bad faith actions, Florida does not recognize a first-party common law bad faith cause of action. Most of Florida’s bad faith litigation stems from Florida Statute 624.155.