The Contingency Fee Multiplier (For Insurance Coverage Disputes)

pencil lying over fee statement

In a recent property insurance coverage dispute, a trial court awarded the insured’s counsel a contingency fee multiplier of two times the amount of reasonable attorney’s fees.

September 10, 2018
David Adelstein - Florida Construction Legal Updates

The contingency fee multiplier: a potential incentive for taking a case on contingency, such as an insurance coverage dispute, where the insured sues his/her/its insurer on a contingency fee basis.

In a recent property insurance coverage dispute, Citizens Property Ins. Corp. v. Agosta, 43 Fla.L.Weekly, D1934b (Fla. 3d DCA 2018), the trial court awarded the insured’s counsel a contingency fee multiplier of two times the amount of reasonable attorney’s fees. The insurer appealed. The Third District affirmed the contingency fee multiplier.

Mr. Adelstein may be contacted at dma@kirwinnorris.com



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