Without a judicial determination that the insurer acted in bad faith, it was reversible error for the trial court to enter a final judgment in excess of the policy limits.
This appeal followed a trial for underinsured motorist (UM) benefits in which the judge entered a final verdict in the amount of $1,052,593.21, despite the fact that the policy only provided $100,000 in UM benefits.
Legal Update for Florida Coverage & Property Litigation – May 2024 is prepared by Marshall Dennehey to provide information on recent legal develop