Guaranty Association Seeks Stay In Breach Of Contract Suit Over Windstorm Damages

(August 23, 2023, 3:50 PM EDT) -- SARASOTA, Fla. — The Florida Guaranty Association (FIGA) moved to enforce a mandatory six-month stay in a homeowner’s breach of contract suit filed against FIGA and a now-insolvent insurer for failure to adequately compensate for a wind damage claim, arguing that pursuant to Florida law, proceedings involving an insolvent insurer shall be stayed for six months....