Princeton Insurance Company recently agreed to pay $20 million to settle a bad faith claim related to a dram shop lawsuit brought against their insured.  In the underlying lawsuit, a highway construction flagman sued Princeton’s insured, a tavern, after he was struck by a car driven by the tavern’s patron. 


Read More Princeton to Pay $20 Million to Settle Bad Faith Claim

In January 2007, the Florida Legislature froze the rates of Florida’s state sponsored property insurer, Citizens Property Insurance Corporation, until the end of the year.  On June 26, 2007, Florida Governor Charlie Crist signed a bill extending the rate freeze until January 1, 2009. 


Read More Florida Governor Charlie Crist extends Citizens Property Insurance Rate Freeze

We are following a unique case pending in the U.S. District Court for the Northern District of Florida, where Universal Health Care Insurance Company (UHCIC) has attempted to remove to federal court the receivership proceedings commenced in Florida state court by the Florida Department of Financial Services (DFS).  The DFS has moved to remand the matter to state court, briefs have been filed, and the matter awaits a ruling from the court. 


Read More Florida Insurer’s Removal of Receivership Proceeding to Federal Court Under Review

On June 11, Mississippi Attorney General Jim Hood filed a civil action again State Farm Fire and Casualty Co. in the Circuit Court of Hinds County, Mississippi, alleging breach of contract, bad faith breach of contract, and breach of duty of good faith and fair dealing.  The suit arises out of State Farm’s alleged failure to honor an agreement for a mass settlement of claims arising out of damage caused by Hurricane Katrina. 


Read More Mississippi Attorney General Sues State Farm Again