Filing Number: 783131
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| Filing Accepted: 9/17/2024 |
| Last/Business Name
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KEY STORAGE, LLC
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First Name |
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| Street Address
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701 MYRICK STREET |
| City, State Zip
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PENSACOLA,
FL
32505
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| Email Address
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KEYSTORAGE@YAHOO.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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KEY STORAGE, LLC |
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First Name |
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| Policy # * |
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STF-ML-10000711-07 |
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Claim #* |
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85-00642734 |
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Attorney is Applicable
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| Last Name* |
WARREN
First Name *
J. PHILLIP
Initial
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| Street Address* |
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1700 W. MAIN ST., SUITE 100 |
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PENSACOLA
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FL
32502
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| Email Address * |
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PWARREN@TWWLAWFIRM.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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NOVA CASUALTY 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 42552 |
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| Name of individual responsible for violation (if any):*
JAMES ODOR; KRISTINA GILLIS
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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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Claim Delay
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Claim Denial
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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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| 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)(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)(d) |
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Denying claims without conducting reasonable investigations based upon available information.
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| 626.9541(1)(i)(3)(f) |
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Failing to promptly provide a reasonable explanation in writing to the insured of the basis in the insurance policy, in relation to the facts or applicable law, for denial of a claim or for the offer of a compromise settlement.
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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.
1. Covered Property
Covered Property, as used in this Coverage Part, means the type of property described in this section, A.1., and limited in A.2., Property Not Covered, if a Limit of Insurance is shown in the Declarations for that type of property.
a. Building, meaning the building or structure described in the Declarations, including:
(1) Completed additions;
(2) Fixtures, including outdoor fixtures;
(3) Permanently installed:
(a) Machinery and
(b) Equipment;
SELF-STORAGE PROPERTY PLUS ENDORSEMENT
CAUSES OF LOSS – SPECIAL FORM CP1030
B. Exclusions
(3) Electrical or magnetic injury, disturbance, or erasure of electronic recordings. But we will pay for direct loss or damage caused by lightning;
4. Loss Payment
In the event of loss or damage covered by this Coverage Form, at our option, we will either:
(1) Pay the value of lost or damaged property;
(2) Pay the cost of repairing or replacing the lost or damaged property, subject to b. below;
(3) Take all or any part of the property at an agreed or appraised value; or
(4) Repair, rebuild or replace the property with other property of like kind and quality, subject to b. below.
We will determine the value of lost or damaged property, or the cost of its repair or replacement, in accordance with the applicable terms of the Valuation Condition in this Coverage Form or any applicable provision which amends or supersedes the Valuation Condition.
7. Valuation
We will determine the value of Covered Property in the event of loss or damage as follows:
a. At actual cash value as of the time of loss or damage, except as provided in b., c., d. and e. below.
This Civil Remedy Notice is also grounded in Nova Casualty Company’s statutory duty to act in good faith and deal fairly with its insured when handling claims.
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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 policyholder, Key Storage, LLC (“Key Storage”), sustained losses to its property located at 13725 River Road, Pensacola, FL 32507 caused by and following a thunderstorm that brought an abundance of lightning to the property on or about July 28, 2024. Key Storage timely notified Nova Casualty Company (“Nova”) of the claim. From the outset of this claim, Nova has ignored or wrongfully dismissed evidence showing the full scope of covered damage caused by a lightning strike to the property and attempted to deny the damage and/or point to causes of loss that are excluded so Nova can avoid its obligation to pay this claim timely and in full. This conduct was in bad faith and has caused additional harms and losses to Key Storage over and above the amount owed under the policy of insurance.
Key Storage provides rentable storage space for individuals and businesses in the Perdido Key and Pensacola area. It is under an obligation to provide climate-controlled units to its tenants. Immediately after the lightning strike, three air conditioning (AC) units at Key Storage that were working properly before the storm were not functional. Key Storage took the appropriate measures by engaging multiple reputable HVAC companies to inspect the units, diagnose the cause of the failures, and make repairs as necessary to keep its storage units functioning properly and prevent further damage to the property.
Perdido Heating & Air (“Perdido Heating”) inspected on or about July 30, 2024, days after the lightning storm, and found all three AC units had been damaged due to a lightning strike/power surge. On one unit, Perdido found a non-working, tripped breaker in the panel, both capacitors in the condensing unit had blown up, the blower mower in the air handler had blown up, and the condensing unit was found to be dead shorted, i.e., mechanically seized, which can only occur due to lightning strike/power surge. Due to the damage caused by the lightning strike, this AC unit cannot be repaired, it must be replaced. On the other two units, Perdido Heating found both capacitors in each unit were blown. Perdido Heating replaced the capacitors in these two units and both began working after the repair.
To be thorough, Key Storage retained a second local, reputable HVAC company—Air Design Systems, Inc. (“Air Design”)—to inspect its AC units and assess the cause of damage and provide an estimate for the cost of repairs. Just as Perdido Heating had found, Air Design also found all the capacitors in the three AC units had been damaged and the compressor and blower motor in the first unit was found faulty all due to a lightning strike/power surge. Thus, Key Storage obtained opinions from two independent HVAC companies who separately found the damage to all three units was caused by lightning, requiring replacement of the first unit and repair of the other two units. Key Storage submitted this evidence to Nova.
The field adjuster Nova chose to send to the property did not present as a professional, qualified adjuster nor did he conduct a thorough, complete inspection that resulted in an accurate inspection report and assessment of the damage. Nova determined the damage to the AC unit requiring replacement was due to normal wear and tear and that the other two units were working properly and had not suffered any damage due to a lightning strike/power surge. As such, Nova informed Key Storage coverage was denied for all three AC units. This decision was cursory, unfounded, contrary to ample, obvious evidence at the property showing all capacitors in three different AC units failed simultaneously not due to normal wear and tear but, rather, an abundance of lightning that struck the property on or about July 28, 2024, causing all three AC units to simultaneously fail.
Nova’s decision to wrongfully deny coverage based on inaccurate, unfounded findings at the property also constituted a material misrepresentation to its insured in violation of Fla. Stat. §
626.9541(1)(i)(2), a failure to adopt and implement standards for the proper investigation of claims in violation of Fla. Stat. § 626.9541(1)(i)(3)(a), a misrepresentation of facts in violation of Fla. Stat. § 626.9541(1)(i)(3)(b), a wrongful denial of this claim without conducting a reasonable investigation based on clear evidence at the property in violation of Fla. Stat. § 626.9541(1)(i)(3)(d), and a failure to provide a reasonable explanation for its denial of the claim in violation of Fla. Stat. § 626.9541(1)(i)(3)(f). This decision constituted an active effort by Nova to ignore or refute obvious evidence of covered damage and deny this claim outright so Nova could save money. Nova’s adjustment of the claim in this manner was in bad faith and shows an intent by Nova not to adjust this claim in the best interest of Key Storage as it is required by the policy and applicable Florida law but, rather, to adjust the claim in its own best interest to Key Storage’s detriment.
In response to Nova’s wrongful denial of the claim, Key Storage again submitted the evidence from its two AC vendors—Perdido Heating and Air Design—establishing the cause of the damage to all three AC units was a lightning strike/power surge and providing the invoice for the cost it incurred in repairing the two units as well as an estimate for replacement of the third unit. Nova has not given this evidence meaningful consideration by altering its coverage decision and making timely payment on the claim. Overall, Nova’s dilatory and unacceptable adjustment of this claim in this manner shows Nova has failed to implement and follow adequate guidelines for the proper investigation to evaluate claims and the appropriate training and supervision of its employees and adjusters resulting in the statutory violations identified in this Civil Remedy Notice above.
In addition, in the weeks following the storm, despite repeated efforts by Key Storage to obtain an update on the claim and payment for the estimates and invoices Key Storage submitted to Nova for repairs, Key Storage’s inquiries and messages often went unanswered and/or ignored, for weeks. This occurred during a time when Key Storage was stressed, worried, and anxious to get repairs underway so it could restore the integrity of its property and continue providing the necessary climate-controlled storage units that are vital to its business. Specifically, desk adjuster, James Odor, promised to send Key Storage a copy of its field adjuster’s inspection report over a month ago and this has yet to occur. Nova has also not timely communicated regarding reconsideration of its coverage decision. Nova’s willful or careless failure to respond timely to communications, emails, and inquiries from its insured violated both its duty under the policy to timely adjust this claim and its duty under Fla. Stat. § 626.9541(1)(i)(3)(c) to acknowledge and act promptly upon communications with respect to claims.
Nova’s failure and/or refusal to settle the insurance claim when under all circumstances it could have and should have done so had it acted fairly and honestly towards Key Storage is wrongful conduct. As a result of Nova’s wrongful conduct, Key Storage was and still is forced to expend out of pocket monies to submit its insurance claim, e.g., engaging reputable local HVAC companies to conduct repairs and prepare evidence proving the damage was caused by a lightning strike/power surge, as well as legal counsel to file this Civil Remedy Notice in hopes of finally forcing Nova to honor its obligations under the insurance policy to pay the entirety of the insurance proceeds due and owing to Key Storage. Nova is obligated to Key Storage to tender all insurance proceeds owing and due so that the necessary repairs can commence and Key Storage’s property can be restored to its pre-loss condition.
It is clear from Nova’s failure to issue the benefits owed and its intentional attempt to avoid its full obligations to Key Storage, that Nova has engaged in a pattern of fraudulent and dilatory tactics to the prejudice and harm of Key Storage. To cure the defects outlined in this Civil Remedy Notice, Nova must:
(1) Immediately tender all undisputed insurance proceeds to Key Storage with statutory interest owed;
(2) Act fairly and honestly towards Key Storage and with due regard for its interest in attempting to settle this claim;
(3) Immediately tender all insurance monies due and owing to Key Storage with statutory interest; and
(4) Pay Key Storage the fair value of its insurance claim.
Nova Casualty Company’s address is 440 Lincoln Street, Worcester, MA 01653.
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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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