Mar 27, 2025

The Cambo Ferry Law Firm has publicly rejected House Bill (HB) 1551, cautioning that the bill’s prevailing party language could be exploited and destabilize Florida’s property insurance system. This announcement was made in a White Paper released on March 19.

According to the Cambo Ferry Law Firm, HB 1551 introduces unclear legal standards that could significantly disrupt current litigation processes in Florida’s insurance sector. The firm warns that the legislation lacks critical definitions for determining good faith settlement offers and prevailing party status. This legal uncertainty, they argue, will foster inconsistent judicial interpretations and undermine predictability for insurers and policyholders alike.

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