Litigation related to the 2004 and 2005 hurricanes is still howling in Florida courts. Australia-based QBE Insurance, the state's top condo association insurer, is the target of a maelstrom of suits from condo associations claiming it has stonewalled legitimate claims in order to force lowball settlements. One state senator has called the situation involving QBE "institutionalized bad faith." But QBE attorneys argue that the insurer is a victim of massive fraud instigated by out-of-state adjusters.
July 12, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The 2004 and 2005 hurricanes are still howling in Florida courts.
One large insurer, Sydney, Australia-based QBE Insurance Corp., is the target of a maelstrom of litigation filed by condominium associations claiming it has stonewalled legitimate claims with the intent of forcing lowball settlements.
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