This bill amends various sections of Florida Statutes to address attorney fees in insurance matters, particularly in claims for declaratory relief. It requires courts to award reasonable attorney fees to named insureds, omnibus insureds, or third-party beneficiaries when a declaratory judgment is rendered in their favor or when the insurer voluntarily dismisses the claim. The bill also revises the language regarding coverage denial, specifying that a reservation of rights does not constitute a total coverage denial. Additionally, it creates new sections that mandate the award of attorney fees in civil actions against insurers, ensuring that such fees are included in the judgment or decree.

Furthermore, the bill specifies the applicability of certain provisions to various types of insurance policies, including international health insurance and self-insurance funds. It clarifies that attorney fees can be recovered in disputes regarding uninsured motorist coverage and outlines the limitations on attorney fees in specific contexts, such as the Florida Motor Vehicle No-Fault Law. The bill also includes provisions that ensure attorney fees are calculated without regard to a contingency risk multiplier in certain cases. Overall, the legislation aims to enhance the rights of insured parties in legal disputes with insurers while streamlining the process for awarding attorney fees.

Statutes affected:
S 426 Filed: 86.121, 624.123, 624.488, 627.062, 627.736, 628.6016, 632.638