Filing Number: 688115
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| Filing Accepted: 4/13/2023 |
| Last/Business Name
*
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HEFFELFINGER
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First Name |
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LORI & BOBBY |
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| Street Address
*
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9358 GULFSTREAM BLVD |
| City, State Zip
*
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ENGLEWOOD,
FL
34224
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| Email Address
*
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WITHHELD |
| Complainant Type:
*
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Insured |
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| Last/Business Name* |
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HEFFELFINGER |
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First Name |
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LORI & BOBBY |
| Policy # * |
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EDH4071022-03 |
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Claim #* |
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EDI952919 |
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Attorney is Applicable
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| Last Name* |
MULLINAX
First Name *
MATTHEW
Initial
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| Street Address* |
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908 W HORATIO STREET |
| City, State Zip* |
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TAMPA
,
FL
33606
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| Email Address * |
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MATT@MAKRISMULLINAX.COM |
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| Insurer Type
*
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Authorized Insurer
Unauthorized Insurer
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| Insurer Name |
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| Insurer Name* |
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EDISON INSURANCE COMPANY
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| Insurer Name* |
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| Street Address* |
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| City, State Zip* |
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,
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NAIC Company Code 12482 |
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| Name of individual responsible for violation (if any):*
BRENDEN COLTER
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| Type of Insurance
*
Residential Property & Casualty
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| Reason for Notice
*
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Claim Delay
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Unsatisfactory Settlement Offer
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Unfair Trade Practice
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Statutory provision(s) which the insurer allegedly violated.
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| 624.155(1)(b)(1) |
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Not attempting in good faith to settle claims when, under all the circumstances, it could and should have done so, had it acted fairly and honestly toward its insured and with due regard for her or his interests.
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| 624.155(1)(b)(3) |
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Except as to liability coverages, failing to promptly settle claims, when the obligation to settle a claim has become reasonably clear, under one portion of the insurance policy coverage in order to influence settlements under other portions of the insurance policy coverage.
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| 626.9541(1)(i)(2) |
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A material misrepresentation made to an insured or any other person having an interest in the proceeds payable under such contract or policy, for the purpose and with the intent of effecting settlement of such claims, loss, or damage under such contract or policy on less favorable terms than those provided in, and contemplated by, such contract or policy.
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| 626.9541(1)(i)(3)(a) |
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Failing to adopt and implement standards for the proper investigation of claims.
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| 626.9541(1)(i)(3)(b) |
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Misrepresenting pertinent facts or insurance policy provisions relating to coverages at issue.
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| 626.9541(1)(i)(3)(i) |
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Failing to pay personal injury protection insurance claims within the time periods required by s. 627.736(4)(b).
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Specific policy language that is relevant to the violation.
Enter all words or phrases (one at a time) that should be used to filter.
The perils insured against section.
The Loss Payment provision
The Loss Settlement Provision.
Any provisions of the policy which Edison Insurance Company (EIC) relied upon
when adjusting this claim or reaching a coverage decision.
Any provisions of the policy which EIC cited in any letters with the insureds.
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Facts and circumstances giving rise to the violation.
Enter all words or phrases (one at a time) that should be used to filter.
The insureds purchased, for good and valuable consideration, a policy of insurance from EIC. The
insureds paid a premium, and in return EIC agreed to indemnify the insureds for loss or damage to the insureds' home. While that policy was in effect, a covered loss occurred, in the process of Hurricane Ian hitting the state of Florida. The insureds' home suffered significant damage, which the insureds' public adjuster estimated to cost $65,462.32 to repair.
The insureds timely reported the damage to EIC but EIC has refused and/or failed to pay the full amount necessary to repair the covered damage, and instead only paid $16,197.95 for the damage to the home and $236.33 for damage to the pool screen.
Due to EIC's refusal to adjust the claim properly, the insureds were forced to retain a public adjuster, which creates a new financial obligation that the insureds would not have had, had EIC timely and properly paid the claim.
EIC unecessarily delayed the claim, by failing to comply with Florida Statutes that spell out the time frame in which an insurance company should pay or deny a claim.
These actions and inactions by EIC are either the result of not having proper procedures in place, or intentional actions designed to thwart an insured from receiving insurance proceeds that are owed. This is a failure to adjust the claim in good faith.
To cure, EIC must: accept full coverage, and pay the full amount necessary to restore the damage prior to the expiration of this cure period. The insureds' believe the cost to be the amount of the estimate submitted, $65,462.32.
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*
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The submitter hereby states that this notice is given in order to perfect the rights of the
person(s) damaged to pursue civil remedies authorized by Section 624.155, Florida Statutes.
Before submitting a Notice using this system, please verify that all text has been entered
correctly and completely. Once the Notice has been submitted, the text cannot be changed
or deleted.
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DFS-10-363
Rev. 10/14/2008
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