Category: Hurricane Claims
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Florida Fines Eight Insurers $2.075 Million for Hurricane Misconduct
., American Coastal Insurance Co., American Mobile Insurance Exchange, Centauri Specialty Insurance Co., Clear Blue Insurance Co., Florida Public Adjuster, Hurricane Claim, Monarch National Insurance Co, Property Insurance Claim, Sutton National Insurance Co., Tower Hill Prime Insurance Co., TypTap Insurance Co.Florida Insurance Commissioner Mike Yaworsky announced $2.075 million in fines against eight insurance companies for mishandling property damage claims after Hurricane Ian (September 2022) and Hurricane Idalia (August 2023). Yaworsky said the companies used improperly appointed adjusters, failed to acknowledge or respond promptly to claims, did not provide homeowners with required claims bill of rights,
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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
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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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