Bad-Faith Payouts Are Penalties, Not Insurance Benefits, Florida Supreme Court Says

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Insurance Journal - Nov 03, 2023

Randy Willoughby’s lawyers turned a $10,000 uninsured motorist policy into a $4 million bad-faith settlement with his auto insurer. Then they won a $30 million jury verdict against the co-owner of the truck that crashed into him. Now, Willoughby’s counsel …...

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