Bad Faith Blog
July 5, 2012
There is No First Party Common Law Bad Faith Cause of Action Declares Florida Supreme Court
Summary: Hurricane Wilma caused over $7,000,000 of damage to the Chalfonte Condominium complex in 2005. The property damage, subject to a substantial hurricane deductible, was covered, but the condominium association was not entitled to more than $270,000 for “breach of the implied warranty of good faith and fair dealing” which had been awarded by a federal court jury.