Suretyship
Our lawyers are some of the most experienced surety attorneys in the nation. With a total of more than 80 years of combined suretyship representation, they offer a full range of services to the industry. The Firm represents most of the premier sureties in the country and has engaged in international representation when requested. The services provided range from simple advice on payment and performance bond claims to complex financing, takeover and tender problems on large projects. We regularly assist our surety clients with pursuit of their indemnity rights and pride ourselves on useful, efficient and practical advice in these situations.
Frequently, our representation of sureties requires litigation of technical construction issues. Our attorneys have developed considerable expertise with such matters that allows us to effectively advocate and resolve disputes.
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Recent Florida Legislative Changes Impact Sureties' Exposure to Attorneys' Fees and Bad Faith Claims
A few days ago, Governor DeSantis signed House Bill 837 into law enacting sweeping tort reforms. This marks the second large scale reform to Florida law governing insurers and sureties in the last six months. In December 2022, Florida eliminated the one-way attorneys’ fees provision for property insurance claims. House Bill 837 goes further and eliminates one-way attorneys’ fees against insurers entirely. It also makes changes to statutes of limitations, comparative fault, and bad faith. The bill does, however, expressly preserve claimants’ rights to recover reasonable attorneys’ fees for successful claims against construction payment and performance bond sureties.
October 21, 2013