Dolman Law Group Podcast

Florida's Tort Reform: A License for Insurance Companies to Screw Consumers

Informações:

Synopsis

In this week’s episode, hosts Matt Dolman and Stan Gipe discuss that changes to Florida's insurance laws primarily benefit insurance companies at the expense of consumers. The legislation was criticized for allowing companies to escape corporate negligence and shifting the burden to consumers and businesses.The bill was sold as a benefit to consumers despite lacking language that would lead to reduced insurance premiums. Rather, the new legislation shifts money from consumers to insurance companies without providing any benefit to consumers, while insurance companies continue to welcome record-setting profits.In this episode: [01:01] Escaping corporate negligence: The new law allows insurance companies to avoid being held liable for mistakes, shifting the burden onto consumers and businesses. [07:12] Pressure to settle claims: The legislation makes it more difficult for consumers and businesses to pressure insurance companies to settle claims quickly and fairly.[09:22] Nuclear verdicts: Framed as excessi