Legal Opinion
Trafalgar at Greenacres, Ltd. v. Zurich American Insurance Co.
District Court of Appeal of Florida
Decided September 5, 2012No. 4D11-1376PublishedCited by 14 opinions
1Opinion of the Court
BLOOM, BETH, Associate Judge.
The sole issue in this appeal is whether an appraisal award pursuant to an insurance contract constitutes a “favorable resolution” of an underlying breach of contract dispute for purposes of filing a bad faith cause of action. We hold that it does.
In 2005, a shopping center owned by Trafalgar at Greenacres was damaged by Hurricane Wilma and a claim was submitted to the insurer, Zurich American Insurance. Zurich began its investigation and set its initial reserves at $1,500,000.00. In January 2006, Zurich issued a check for $468,381.30, after subtracting the…
2Cases cited4 opinions
- Blanchard v. State Farm Mut. Auto. Ins.Supreme Court of Florida · 1991
- Vest v. Travelers Ins. Co.Supreme Court of Florida · 2000
- DADELAND DEPOT. v. St. Paul Fire and MarineSupreme Court of Florida · 2006
- Imhof v. Nationwide Mut. Ins. Co.Supreme Court of Florida · 1994
3Cited by14 opinions
- HERSHEL BRYANT and BETTY BRYANT v. GEOVERA SPECIALTY INSURANCE COMPANYDistrict Court of Appeal of Florida · 2019
- Joseph Cammarata and Judy Cammarata v. State Farm Florida Insurance CompanyDistrict Court of Appeal of Florida · 2014
- Hunt v. State Farm Florida Insurance Co.District Court of Appeal of Florida · 2013
- Demase v. State Farm Florida Ins. Co.District Court of Appeal of Florida · 2018
- State Farm Insurance Co. v. UlrichDistrict Court of Appeal of Florida · 2013
9 more not listed; retrieve them via the Exa API.