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Re: dbergh post# 498278

Thursday, 10/24/2024 4:33:16 PM

Thursday, October 24, 2024 4:33:16 PM

Post# of 578101
dbergh, Insurers Gave Ron DeSantis Millions. He Made It Harder to Sue Them.

The Florida governor’s insurance overhaul is hurting homeowners—and possibly his presidential campaign.

Abby Vesoulis

[...]

The special session DeSantis called in December removed the ability to transfer this power to contractors in most cases, but it also scrapped a policy that has been on Florida’s books since at least 1893: the one-way attorney fee system .. https://www.levernews.com/desantis-leaves-floridians-at-the-mercy-of-his-insurance-industry-donors/ .. that allowed policyholders who successfully sued their insurance company to recover their legal costs. These policies were meant to discourage powerful insurance companies from failing to fulfill policyholders’ claims with sufficient payouts. It’s one reason Stettin was able to sue Heritage. (His case is currently in the discovery process.)

This previous structure was important, says DeLong, because “the balance is pretty far tipped in favor of the insurance companies, which have really big resources, versus the individual or even groups of consumers.”

A March 2023 Washington Post investigation . https://www.washingtonpost.com/climate-environment/2023/03/11/florida-insurance-claims-hurricane-ian/ .. revealed how insurance companies in Florida use their upper-hand to shortchange their customers on claims.

https://www.motherjones.com/politics/2023/08/florida-home-insurance-crisis-desantis/

H/t zab - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175280283

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