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Ocean Point Claims Company
Ocean Point Claims:bad faith
Glossary

Bad Faith

A carrier's unreasonable failure to settle a claim that should be paid: supporting a statutory cause of action under Fla. Stat. 624.155.

What it looks like

  • Unreasonable delay
  • Failure to investigate
  • Lowballing well-documented claims
  • Misrepresenting coverage

Prerequisite: CRN

A Civil Remedy Notice must be filed and the 60-day cure window must expire before a first-party bad-faith suit proceeds.

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License
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