Property Insurance Litigation: “Crisis” or Crying Wolf?
Property insurance rates are skyrocketing across Florida. There is no doubt a crisis in rising rates, but our legislature has blamed litigation for it. Governor Ron DeSantis passed Senate Bill 2A on December 16, 2022, which eliminated the right to attorney fees in residential and commercial property damage lawsuits. Now homeowners have to pay their own attorney fees. The big bad insurance companies ironically cried wolf, and it left policyholders stranded.