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  • UPCIC to Pay $30M for Fraudulent Hurricane Claims in Florida

    UPCIC to Pay $30M for Fraudulent Hurricane Claims in Florida

    A Florida insurance company, Universal Property & Casualty Insurance Company (UPCIC), has agreed to pay over $30 million to the state’s hurricane fund after allegations that it submitted numerous fraudulent claims for reimbursement. According to the Attorney General’s office, UPCIC violated the Florida False Claims Act. Attorney General James Uthmeier announced on Tuesday that UPCIC…

  • Unfinished State Report Exposes Insurers accounting tricks to conceal profits

    Unfinished State Report Exposes Insurers accounting tricks to conceal profits

    Last month, The Times/Herald uncovered the previously unseen state report, which revealed that insurance companies channeled billions of dollars to affiliated companies while claiming to lose money between 2017 and 2019, when the state’s insurance crisis began.

  • Florida Insurance Investigation: Hidden Profits and Rising Premiums

    Florida Insurance Investigation: Hidden Profits and Rising Premiums

    An investigation is currently underway in Florida to determine if insurance companies concealed profits while declaring bankruptcy. The issue has recently gained the attention of state lawmakers. The focus is whether homeowners faced steep premium increases due to some Florida insurance companies citing losses caused by hurricanes, while simultaneously engaging in practices that may have…

  • “The best advice they said they got was to hire a public adjuster to help them get the very best settlement with their insurance company.”

    “The best advice they said they got was to hire a public adjuster to help them get the very best settlement with their insurance company.”

    If your property suffered damage from a recent Storm, Fire or other Peril, you may feel overwhelmed by the claims process and could end up with a denied claim or a low-ball settlement offer. Claims Aid Consultants has your back, we will review your insurance policy, help with documenting your damages and completing any claim…

  • Florida Insurance Claims: Over 50% Denied, Reopen Yours Today

    Florida Insurance Claims: Over 50% Denied, Reopen Yours Today

    It was recently reported that over 50% of Citizens Property Insurance Corporation claims have been denied, and more than half of them were denied below the deductible. This also applies to other insurance companies in Florida, however all these claims from 2024 can be reopened.

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