Reducing the Impact of Litigious Policyholders on P&C Carrier Loss Ratios
According to National Association of Insurance Commissioners (NAIC) …while Florida homeowners insurance claims accounted for just over 8% of all homeowners claims opened by U.S. insurers in 2019, homeowners insurance lawsuits in Florida accounted for more than 76% of all litigation against insurers nationwide.” – Insurance Journal 2021 What’s Happening in Florida? The Florida homeowners…