Filing Number: 782932
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| Filing Accepted: 9/16/2024 |
| Last/Business Name
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VANDERBILT BAY CONDOMINIUM ASSOCIATION, INC.
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First Name |
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| Street Address
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10420 & 10482 GULF SHORE DRIVE |
| City, State Zip
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NAPLES,
FL
34108
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| Email Address
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WMAXW5923@AOL.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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VANDERBILT BAY CONDOMINIUM ASSOCIATION, INC. |
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First Name |
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| Policy # * |
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AMC-3258-07 |
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Claim #* |
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4199742 |
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Attorney is Applicable
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| Last Name* |
KELLY
First Name *
FANTETTI
Initial
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| Street Address* |
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109 S. EDISON AVENUE |
| City, State Zip* |
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TAMPA
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FLORIDA
33606
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| Email Address * |
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KFANTETTI@STOCKHAMLAWGROUP.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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AMERICAN COASTAL 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 12968 |
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| Name of individual responsible for violation (if any):*
ZAMAL DWARKA, MICHAEL EVANS, DAN-YON WHITAKER, SYLVIA BOLAR, KATHLEEN BYERS
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| Type of Insurance
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Commercial Property & Casualty
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| Reason for Notice
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Unsatisfactory Settlement Offer
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Claim Denial
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Claim Delay
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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)(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)(c) |
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Failing to acknowledge and act promptly upon communications with respect to claims.
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| 626.9541(1)(i)(3)(h) |
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Failing to clearly explain the nature of the requested information and the reasons why such information is necessary.
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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.
A. Coverage
We will pay for direct physical loss of or damage to Covered Property at the premises
described in the Declarations caused by or resulting from any Covered Cause of Loss
The Loss Payment Condition dealing with the number of days within which we must pay for covered loss or damage is replaced by the following:
Provided you have complied with all the terms of this Coverage Part, we will pay for covered loss or damage upon the earliest of the following:
(1) Within 20 days after we receive the sworn proof of loss and reach written agreement with you;
(2) Within 30 days after we receive the sworn proof of loss and:
a. There is an entry of final judgment or
b. There is a filing of an appraisal aware with us; or
(3) Within 90 days of receiving notice of an initial, reopened, or supplemental claim, unless we deny the claim during that time or factors beyond our control reasonably prevent such payment. If a portion of the claim is denied, then the 90-day time period for payment of claim relates to the portion of the claim that is not denied.
Ordinance or Law Coverage Endorsement (AC 04 05 07 18)
(e) Increased Cost of Construction
(2) In the event of damage by a Covered Cause of Loss to a building that is Covered Property, we will pay the increased costs incurred to comply with enforcement of an ordinance or law in the course of repair, rebuilding, or replacement of damaged parts of that property . . . .
G. Optional Coverages
If shown as applicable in the Declarations, the following Optional Coverages apply separately to each item.
3. Replacement Cost
a. Replacement Cost (without deduction for depreciation) replaces Actual Cash Value in the Loss Condition, Valuation, of this Coverage Form.
c. You may make a claim for loss or damage covered by this insurance on an actual cash value basis instead of on a replacement cost basis. In the event you elect to have loss or damage settled on an actual cash value basis, you may still make a claim for the additional coverage this Optional Coverage provides if you notify us of your intent to do so within 180 days after the loss or damage.
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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.
In Florida, the work of adjusting insurance claims engages the public trust. American Coastal Insurance Company (“Insurer” or “American Coastal”) has breached the public’s trust by its adjustment of Vanderbilt Bay Condominium Association Inc.’s (“Insured”) claim of loss. American Coastal’s mailing address is 800 2nd Avenue, St. Petersburg, FL 33701.
American Coastal has failed to create and implement adequate guidelines for the proper investigation and evaluation of claims, claims handling, and for training and supervision of employees resulting in statutory violations as set forth above. American Coastal has failed and/or refused to thoroughly, accurately, and completely investigate and evaluate the Insured’s insurance claim for damages.
American Coastal has failed to promptly settle the Insured’s insurance claim when the obligation to settle the insurance claim had become reasonably clear. To date, notwithstanding the Insured’s pleas otherwise, American Coastal has continued to refuse to acknowledge its obligation to conduct a proper investigation, and to tender the full amount of insurance monies due and owing its Insured under the policy.
Vanderbilt Bay Condominium Association Inc’s policy provides coverage for the Association’s buildings located at 10420 Gulf Shore Drive, Naples, Florida 34108, 10482 Gulf Shore Drive, Naples, Florida 34108, and 10420 Gulf Shore Drive, Naples, Florida, 34108. The buildings sustained significant damage during Hurricane Ian. Hurricane force winds impacted the Insured Property during Hurricane Ian of sustained winds of at least 83 MPH and gusts up to 110 MPH.
Since the beginning of the claim, the Insured has complied with all policy conditions, including multiple inspections, supplying pertinent documentation, and executing a proof of loss. Nevertheless, instead of resolving the claim, American Coastal continues to demand more and more documentation and recorded statements, without explanation as to the necessity for same.
Throughout the claim, the Insurer has repeatedly undervalued the claim and has failed to properly assess the scope of covered damage and repairs necessary to return the property to its pre-loss condition. The Insurer has failed to acknowledge the true extent of the damage sustained to the Insured Property during Hurricane Ian. Despite the evidence presented, the Insurer’s failure to properly consider the actual scope of damage and the evidence of damage submitted by the Insured has left the Insured with unresolved damage and the financial burden of having to replace the roofs of the property without adequate compensation.
The claim was reported by the Insured’s public adjuster, Keys Claims Consulting on or about October 17, 2022. The Insurer advised that Don-Yon Whitaker was the assigned adjuster from Sedwick Delegated Authority. Thereafter, both the Insurer and the Insured conducted multiple inspections of the property to determine the full extent of the damages.
Subsequently, on January 31, 2023, Zamal Dwarka was assigned as the new adjuster on behalf of Sedgwick, the claims administrator for the Insurer. Zamal Dwarka, on February 24, 2023, advised the Insurer had determined the damage to the Insured Property was under the applicable deductible based upon the inspection by the field adjuster, Michael Evans; Applied Engineering Technology; and JS Held.
On August 24, 2023, Zamal Dwarka, again advised the claim did not exceed the deductible, and requested a Proof of Loss from the Insured and additional information. Despite being fully aware the Insured was represented by a public adjuster, the Insurer sent the request for the Proof of Loss to the Insured directly and the public adjuster was not notified of the request until the Insured forwarded the correspondence. The Insured, through its public adjuster, took every effort to comply with the information requested by the Insurer and submitted its Sworn Proof of Loss totaling $2,939,603.88 RCV / $2,357,059.78 ACV dated November 15, 2023.
Due to the underlying damage to the roofs, the Insured’s public adjuster notified the Insurer on March 5, 2024, that the replacement of the roofs was scheduled for May 2024 and welcomed any necessary inspections to be completed before the replacement was scheduled. Again, on April 5, 2024, the Insured’s public adjuster notified the Insurer that the roof replacement by Green Coast Roofing was scheduled to commence on May 6, 2024. Nevertheless, American Coastal never responded to these correspondences and never reinspected the roofs. The roofs have since been replaced for a total of $471,100.06.
Thereafter, the public adjuster and Mr. Dwarka spoke about possible resolution of the claim, including the option of appraisal. However, Mr. Dwarka later rejected the idea of appraisal. Instead, he threatened that the claim would be met with continued delay if the claim was not resolved to his liking. Thus, the Insurer has unilaterally blocked all attempts by the Insured to resolve the underlying differences in this claim and has forced the Insured to obtain legal counsel and move this claim towards litigation.
On June 28, 2024, the public adjuster again wrote to the Insurer confirming that the prior negotiation efforts had failed, and the carrier had answered the property manager’s call while ignoring the public adjuster’s attempts to amicably resolve the claim. The Insurer has ignored the findings of Trillas Consulting Engineers and National Testing Services outlined below to the detriment of the Insured. Despite being put on notice of the Insured’s prior intention of replacing the roof in May 2024, Sylvia Bolar, on behalf of the Insurer, advised on July 1, 2024, that Compass Building would be willing to perform the repairs as outlined in its estimate; however, such a recommendation was improper and would not place the Insured back to the position it was in prior to the loss.
Eric Trillas, P.E., S.I. of Trillas Consulting Engineers, LLC inspected the property on behalf of the Insured on March 1, 2023, and March 2, 2023. Mr. Trillas prepared a report totaling over 3,000 pages for the two seven-story buildings at the Insured Property. The report confirmed damage to the building components and envelope due to excessive and cyclical wind pressures causing uplift and fatigue failures. Damage included impact debris damage, evidence of lateral movement and uplift, damage to the roofing elements, and damage to the fenestration products causing moisture intrusion. Mr. Trillas opined that due to the widespread damage from windborne debris and interaction by the roofing systems with the winds from Hurricane Ian, the entire roofing system needs removed and replaced. A summary of Mr. Trillas’ observations are as follows:
- Cracking was observed to the interior finishes due to lateral movement and uplift caused by the buildings’ interactions with the high winds.
- Moisture damage was present at numerous areas of the buildings’ interiors caused by the failure of the fenestration products during the storm and ensuing interior damage due to the damage to the building envelope during the storm.
- Impact damage to the parapet wall systems and protective flashing systems caused by the buildings’ interactions with the high winds and windborne debris during the storm event
- Screens of the balcony enclosures were observed to be torn or missing due to the interactions with the high winds during the storm
- Areas of soft spots, impacted, and uplifted areas of the roofing membranes from the high wind event.
- Indentations of the metal roofing panels are indicative of damage from high winds
- HVAC units on the rooftops are indicative of damage from the high winds
- Widespread damage to the drip edge flashing system and parapet protective walls observed at multiple locations due to wind suction causing uplift and flying debris
- Deformation to the gutter systems were observed
- Evidence of cyclical movement of fenestration products were apparent causing cracking to the exterior finishes. Additionally, misalignment, twisted, and/or bent frames were observed due to the high winds.
- Separation and dislocation of the boards on the exterior staircases due to interaction with the high wind event
- Balcony enclosures had missing screens and bent metal due to the high winds
- Cracking to the exterior of the buildings was observed due to the lateral movement and uplift from the high wind event affecting the building envelope components
A fenestration study was also conducted on behalf of the Insured by Moisture Intrusion Solutions d/b/a National Testing Services (NTS). A large number of the systems were observed with damage to the gaskets, wind damage, and joinery gaps from the stress of the extreme wind and/or differential pressure. Based upon the testing failures, the windows and sliding glass doors need replaced. Extensive testing, like that performed by NTS, was not performed by the Insurer’s retained experts. Despite the evidence presented, the Insurer has refused to acknowledge the need for the full roof replacements and replacement of the damaged windows and doors. The roof was unable to be repaired and full replacement was necessary and appropriate.
Accordingly, as mentioned above, the Insured was forced to retain an attorney to continue pursuing this claim. Despite that the public adjuster had previously request a copy of the insurance policy on October 17, 2022, and again on September 5, 2023, the policy was not provided until the Stockham Law Group sent its letter of representation.
In addition, on September 3, 2024, more than two years after the loss, and in response to receiving the letter of representation, American Coastal sent a lengthy request for documents and a recorded statement, despite the extensive information previously provided by the public adjuster. The request provided no explanation for why such information was necessary. Rather, it seems like American Coastal is making good on Mr. Dwarka’s threat to drag out the claim process if the Insured does not capitulate to his settlement demands. Nevertheless, the Insured has agreed to submit to the recorded statement and is in the process of gathering the requested documents in an effort to comply with the conditions of the insurance policy.
The concept of insurance is that the insurer will investigate and grant timely and prompt indemnity or security against a contingent loss. Florida Statute §624.02 defines “insurance” as a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. Inherent in that definition is the fact that payment must be made timely and promptly so that the Insured may mitigate its damages and be put back into the position she was in prior to the loss as quickly as possible. The Insurer has breached this duty.
The Insured was, and still is, forced to expend out of pocket monies to submit its insurance claim, e.g., retaining an attorney and other experts to force the Insurer to honor its obligations under the insurance policy and to pay all the insurance proceeds due and owing to the Insured.
The Insurer has refused and/or failed to tender all the insurance proceeds due and owing to the Insured. The Insurer’s refusal and/or failure to settle the insurance claim when under all circumstances it could have and should have done so had it acted fairly and honestly towards the Insured is wrongful conduct. Furthermore, the Insured contends that the Insurer’s adjusters and/or representatives financially benefit from such wrongful conduct.
Therefore, to cure the defects outlined in this Civil Remedy Notice, Insurer must (1) promptly tender all insurance proceeds due and owing to the Insured that would reasonably place the Insured back into the pre-loss condition, including the tender of accrued interest; and (2) timely communicate with the Insured and/or its representatives to complete the adjustment and investigation of the claim; and (3) participate in good faith negotiations to reach an agreement relating to the parties’ dispute over coverage and amount of damages.
This notice is given in order to perfect the right to pursue the civil remedy authorized by Fla. Stat. §624.155.
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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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