Florida H0341 mandates mediation for disputed property insurance claims before litigation.

Florida H0341 amends state statutes to require mediation for disputed property insurance claims before litigation can commence. All named insureds or their representatives must attend the mediation, which can be conducted by teleconference or other electronic means if mutually agreed upon. The insurer must bear all mediation costs unless otherwise specified. If a settlement is reached and the policyholder is not represented by an attorney or a public adjuster, the policyholder has three business days to rescind the settlement.

Florida H0341 mandates mediation for disputed property insurance claims before litigation.

Florida H0341 amends state statutes to require mediation for disputed property insurance claims before litigation can commence. All named insureds or their representatives must attend the mediation, which can be conducted by teleconference or other electronic means if mutually agreed upon. The insurer must bear all mediation costs unless otherwise specified. If a settlement is reached and the policyholder is not represented by an attorney or a public adjuster, the policyholder has three business days to rescind the settlement.