By many accounts, Florida's insurance industry is the most over-regulated in the country. In 2011 we are in a unique and enviable position to change that. We have an engaged CFO and a governor who wants to remove excessive regulations from the business environment. More reason for optimism — Florida's industry groups seem to have embraced Pres. Harry Truman's mantra that, "Anything is possible if you don't care who gets the credit," by increasingly working together toward common goals. Organizations such as the Florida Association of Insurance Agents, Florida Association of Health Underwriters, Florida Insurance Council, Florida Surplus Lines Association, Latin American Association of Insurance Agencies, Property Casualty Insurers Association of America-Florida, and Professional Insurance Agents-Florida have formed casual and formal alliances among themselves and with national groups on many of our critical insurance issues.
Insurer Bad Faith
"This is our No. 1 tort priority," says William Stander of PCI-Florida.
Lawyers will say, "You can sue anybody over anything," and the bad faith laws in Florida and across the country give truth to that maxim.
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