Originally Posted by
Bluedriver
It's interesting that Florida is home to so many insurance lawsuits. Most of that money seems to go to attorneys fees. But in order to pay out that much in attorneys fees, the insurance companies must be losing most of the lawsuits, which means they are at fault for not properly paying the claims in the first place. It also seems something must be in the laws in Florida contributing to this debacle. Which means they should be able to change the laws and make things at least marginally better.
But still, the risks of losses are too high for insurers, clearly. And most can't afford to properly self insure.