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Missing compliance deadlines or failing to catch inaccurate or expired licenses has numerous costs for insurers.
"For a verdict to be 10 times the policy limits, that is just completely unacceptable," said Pansini Law Group managing partner Michael Pansini.
Parkland shooting victims and survivors were among the South Florida residents gathered Thursday in opposition to the proposed changes.
On the trial's third day, the plaintiff's lawyer made a discovery that 'flipped the case' and led the defendant to settle for 250% of its $1M policy.
In 2012, a trial court found that Nationwide had to indemnify defendant Jeffrey S. Pasiak, according to the opinion, but the Appellate Court reversed the judgment.
Floridians pay some of the highest insurance premiums in the country and it is one of the most fraud-prone states in the nation.
Whether a developer mistakenly believed it had the right to remove trees and dirt from a property was the deciding factor in the ruling.
Michael Pansini, counsel for the plaintiff, said he plans to appeal the decision, calling the statutory employer doctrine 'anachronistic.'
Counsel for an insurer gambled on an appeal pertaining to a discovery motion to produce documents she alleged were privileged — and it paid off.
A pair of 7.7 and 7.5 magnitude earthquakes resulted in more than 1,200 deaths, left some 5,200 injuries and destroyed at least 2,800 buildings.