Retrial Ordered in Florida Condo Association Suit Against QBE Insurance

September 24, 2012

A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case.

The 11th Circuit Court of Appeal issued the ruling in Atlanta based on a May opinion by the Florida Supreme Court.

The case stemmed from Hurricane Wilma in 2005. A federal jury ruled for Chalfonte Condominium Apartment Association of Boca Raton in a lawsuit against its insurer, Australia-based QBE Insurance Corp.

The Florida high court ruled state law does not recognize a breach of implied warranty against insurance companies based on failure to investigate a claim within a reasonable time.

The state justices also ruled customers cannot sue for violating a law that requires insurance policies to include warnings of large deductibles in oversize, boldface type.

 

 

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Latest Comments

  • September 24, 2012 at 6:59 pm
    Manny says:
    QBE has always have a problem with claims but not problems collecting premiums. Amazing how it works and it will force the Association to drain all cash it may have available... read more
  • September 24, 2012 at 1:51 pm
    Bluemax says:
    THIS COMPANY HAS ALWAYS BEEN VERY QUICK ON ADJUDICATING CLAIMS. THERE MUST BE MORE TO THIS. ANYONE?
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