The Florida Supreme Court held on July 13, 2017 that GEICO must pay adverse attorneys’ fees and costs where the Plaintiff’s Proposal for Settlement was triggered by the verdict at trial. GEICO had maintained their policy did not cover adverse fees and costs that their insured was ordered to pay, though it was GEICO that put their insured at risk by GEICO’s decision not to settle. The Supreme Court held that the GEICO policy language was ambiguous, that any ambiguity is to be construed against the insurance company as the drafter of the policy, and concluded that coverage was to be provided. It is a victory for GEICO insureds throughout Florida.
GEICO v Macedo 7/13/17 http://www.floridasupremecourt.org/decisions/2017/sc16-935.pdf
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