A Third District Court of Appeal ruling addressing recent updates to Florida's insurance law governing advance written notice could have far-reaching implications costing policyholders serious amounts of money, lawyers said.
At contention in the case was an appraisal that People's Trust Insurance Co. refused to rely upon in order to pay its policyholders a claim of around $172,000. Nakia, Maria, and Anthony Lavadie, the insureds, disputed the payout offered by People's Trust because they said a policy update did not adequately forewarn them of a policy change.
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