Poliakoff & Associates, P.A. Advocacy, Tort Reform No Comments

Insurance Lies about Profits

2022: FL insurers begged and passed tort reform saying they were suffering huge losses:

https://www.crcgroup.com/Tools-Intel/post/florida-aims-to-rebuild-homeowners-market-with-reform-law#:~:text=On%20Dec.,take%20a%20more%20active%20role
2024: Two years later, insureds are complaining about insurance claim horror stories:
https://www.newsbreak.com/news/3760973838784-two-years-after-reforms-lawmakers-share-insurance-horror-stories

2/24/25:

Now, a previously unpublished 2022 report, obtained by the Miami Herald/Tampa Bay Times, indicates that insurer parent companies were steering billions of dollars to affiliate companies, all while claiming losses.

https://www.miamiherald.com/opinion/editorials/article300874124.html