A new report from the Insurance Research Council estimates that Florida's third-party bad-faith legal environment added an average of $106 in claim costs to every insured vehicle in the state in 2017. (Photo: iStock)
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A new report from the Insurance Research Council (IRC) estimates that Florida's third-party bad-faith legal environment added an average of $106 in claim costs to every insured vehicle in the state in 2017, and resulted in a total of $7.6 billion in additional claim costs over the past 12 years.
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Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].
