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Gov. Scott directed the state's top insurance regulator to freeze any property insurance rate increases for 90 days.
The 4-3 ruling came in a multimillion-dollar case that has been watched by the insurance industry and trial attorneys.
An appeals court has ruled against a Florida property insurers effort to place restrictions on a controversial practice known as 'assignment of benefits.'
The case centers on whether Geico General Insurance Co. acted in 'bad faith' in handling a claim from a fatal 2006 accident.