New Litigated Claims

New Litigated Claims Jumped in June for Florida’s Largest P&C Insurers

Florida Litigation Management Data Trends, June 2021

As the industry’s leading claims litigation management software provider, CaseGlide compiles a broad swath of claims data that represents a variety of segments and geographies. One of the most interesting data sets that we regularly gather and analyze are litigated claims specific to the majority of Florida’s largest P&C insurance organizations.

New litigated claims rebounded in June for Florida’s largest P&C insurers. We recorded an increase of 14% to 6,398 new litigated claims, up from May’s figure of 5,364. The June increase continues the upward trend in new litigated claims that began in June 2020 and only experienced small dips in November 2020 and May 2021.

Of the 17 largest Florida insurers we regularly monitor, all but one grew their litigated claims month over month in June. In that same period, litigated claims for six insurers grew by greater than 20%, and an additional seven grew between 10 and 20%.

“New litigated claim numbers are continuing to climb to significant levels. For the second month this year, we’re seeing figures at or around 6,400 newly litigated cases in a month.”

“New litigated claim numbers are continuing to climb to significant levels,” said Wesley Todd, CEO of CaseGlide. “For the second month this year, we’re seeing figures at or around 6,400 newly litigated cases in a month. We haven’t experienced that level of volume since we began following the data in 2015. With Governor DeSantis recently signing SB 76, aimed at restructuring litigation rules in Florida, we intend to keep a close eye on the data to determine whether or not that bill provides meaningful relief for the state’s insurers.”

AOB cases as a percentage of total new litigated cases in June were at 23%. While that percentage hasn’t varied much in the past year, it is down significantly from a May 2019 peak of 55%. We expect that percentage to stay consistent as we move toward the end of 2021.

For 2021, the top 10 AOB contractors in the state represent 37% of all AOB-related new litigated claims, with the top contractor alone commanding nearly 10%.

Geographic distribution of new litigated claims continues to be dominated by the state’s southern counties, with Miami-Dade accounting for 20% of claims, followed by Broward at 17% and Palm Beach at 9%. Those county percentages have stayed mostly consistent over the course of 2021.

CaseGlide remains committed to observing this data closely, monitoring to see if these patterns persist and how the trends will impact insurers across Florida.

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