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Just because an insurer paid the full policy limits on a claim, and argues that the damages weren't even covered, doesn't mean it can escape a bad faith
Just because an insurer paid the full policy limits on a claim, and argues that the damages weren't even covered, doesn't mean it can escape a bad-faith
Washington, D.C.— U.S. Sen. Ron Wyden (D-OR) said today that he and U.S. Sen. Sheldon Whitehouse (D-RI) have launched an investigation into how insurance companies are navigating mounting risks from climate change, including where companies will next pull coverage or raise premiums.
Floridians are already paying higher insurance premiums than anyone else.
A new study has suggested that things could get worse for Florida and other states that are hammered by natural disasters because of a double whammy of rising rates and risks that could result in spiraling decline in demand and property values.