"Litigation costs rise because insurance companies repeatedly fail to address insurance claims, which necessitate litigation. We believe that once again Citizens are misusing the law as written and that is why we have brought this class action forward," attorney Michael Citron said. (Credit: Shutterstock)

Citizens Property Insurance Corp. is facing litigation under a new law, Florida Statute 627.70152, which outlines the possibility of homeowners recovering both their insurance benefits and attorney fees and costs.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jasmine Floyd

Jasmine Floyd is a South Florida litigation reporter with the Daily Business Review at ALM. You can reach her at [email protected] or 678-472-8947.