The first of many wind/water claims from the 2004 hurricane season to reach the Florida Supreme Court, the decision made on this case will most likely set a precedent for future cases resulting from that event. The decision, however, will not apply to future hurricanes because the legislature in 2005 changed state law to make it clear that insurers do not have to pay for damages caused by excluded perils.
Hurricane Insurance Case Goes to Florida Supreme Court
Florida Farm Bureau Casualty Insurance Company argued in the Florida Supreme Court yesterday that a decision by an appellate court obligating the carrier to pay the full $65,000 policy limit for wind damage to a homeowner should be reversed. The insurer’s attorney argued that adjusters determined that wind was responsible for only $11,583.93 and that the policy specifically excludes water damage.
Published on June 8, 2007
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