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87th Annual Meeting & Educational Conference

January 26, 2017

Kathy Maus and Pablo Caceres presented at the 87th Annual Meeting & Educational Conference on January 26, 2017 at the Marriott Waterside Hotel & Marina. On the topic of “Who’s Afraid of the Big Bad Faith? Spotting the Wolf in Sheep’s Clothing”. The program compared elements of Florida’s unique 1st party insurance bad faith law with those of other states and perhaps show how the fear of Florida bad faith claims, at least from a damages perspective, may be unjustified. Often property claims managers handling Florida claims are concerned about the unique nature of Florida bad faith law. It differs significantly from that of other states. Florida’s Civil Remedy Notice, discovery practice, and bifurcated lawsuits (coverage lawsuit must resolve before the bad faith lawsuit commences) generally do not have parallels. It is important to consider key aspects of Florida bad faith law to accurately value coverage and bad faith exposure during attempted resolution of disputed claims.