If you thought the notion of taking a “time-out” only applied to sports, think again. In Florida, properly invoking neutral evaluation under Florida Statute § 627.7074 is similar to requesting a time-out because it stays, or pauses, sinkhole-related proceedings. Though the nonbinding, informal procedure is intended to help parties resolve disputed sinkhole insurance claims, unless an agreement is actually reached, the neutral evaluation process will merely lead to additional delays – many times, for several months.
Continue Reading Florida’s Neutral Evaluation Statute May Mean More Delays in Sinkhole Litigation