Written by: Mika Pangilinan with insurancebusinessmag.com
Florida Governor Ron DeSantis has signed a comprehensive legal reform bill aimed at reducing frivolous lawsuits against businesses and insurance companies.
House Bill 837, which passed in the Senate by a 23-15 vote on Thursday, modifies Florida’s bad faith framework by clarifying that negligence alone does not demonstrate bad faith and requiring claimants to act in good faith when furnishing information and attempting to settle insurance claims, according to a press release from the governor’s office.
