Filing Number: 785173
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| Filing Accepted: 10/1/2024 |
| Last/Business Name
*
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WALLACK
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First Name |
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WILLIAM & MARYANN |
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| Street Address
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23429 SHINING STAR DRIVE |
| City, State Zip
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LAND O LAKES,
FL
34639
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| Email Address
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WWALLACK2@GMAIL.COM |
| Complainant Type:
*
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Insured |
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| Last/Business Name* |
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WALLACK |
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First Name |
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WILLIAM & MARYANN |
| Policy # * |
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150116027850 |
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Claim #* |
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FL230122975 |
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Attorney is Applicable
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| Last Name* |
SMITH
First Name *
RYAN
Initial
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| Street Address* |
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350 N LAKE DESTINY RD |
| City, State Zip* |
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MAITLAND
,
FL
32751
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| Email Address * |
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RSMITH@ITSABOUTJUSTICE.LAW |
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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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UNIVERSAL PROPERTY & CASUALTY 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 10861 |
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| Name of individual responsible for violation (if any):*
N/A
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| Type of Insurance
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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)(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)(4) |
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Failing to pay undisputed amounts of partial or full benefits owed under first-party property insurance policies within 60 days after an insurer receives notice of a residential property insurance claim, determines the amounts of partial or full benefits, and agrees to coverage, unless payment of the undisputed benefits is prevented by factors beyond the control of the insurer as defined in s. 627.70131(5).
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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.
Policy Provisions:
The following policy provisions are relevant to this civil remedy notice.
Section 1 - Property Coverages – Coverage A – Dwelling
Section 1 – Perils Insured Against – Coverage A-Dwelling and Coverage B-Other Structures
Section 1- Conditions – Loss Settlement
Section 1 – Conditions –Loss Payment
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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.
On or about June 4, 2024, William and MaryAnn Wallack suffered damage to their home located at 23429 Shining Star Drive, Land O Lakes, Florida as a result of a storm event which caused damage to the roof and interior of the property.
Prior to the loss, Universal Property & Casualty Insurance Company (hereinafter "Universal"), had issued a policy of insurance (Policy No.: (150116027850)) for the Insureds’ property. Said policy, which was issued prior to the loss, was in full force and effect and afforded coverage for damage caused by the loss.
Universal was timely notified of the loss by the Insureds and assigned claim number FL230122975. During the course of Universal's investigation, the Insureds made their property available for inspection, provided facts and information surrounding the loss, and complied with the Insurer’s adjustment of the claim.
Despite fully cooperating with Universal's investigation, Universal inexplicably failed to extend coverage for the entirety of the Insureds’ insurance claim even though there was clear evidence of additional covered damage to property. Universal came to its coverage determination by ignoring relevant facts and information proving that additional repairs were necessary to fix damaged property. Most concerning, Universal and its representatives purposely downplayed and misrepresented evidence at the property to avoid tendering full payment on a claim it knew was covered pursuant to the terms of the policy. In particular, Universal grossly undervalued the true replacement cost of water-damaged items within the home as well as the value of the roof which Universal agreed was in need of replacement as a result of the loss. Universal's actions have also gone so far as to not allow for the needed electrical work and replacement of electrical components within the home which are an ongoing fire hazard following the above-described water damage caused by the instant roof leak. Universal has also merely allowed for painting over water damaged and saturated portions of construction materials, despite their having been water logged and likely mold ridden.
Not only has Universal intentionally omitted key facts from its coverage decision to avoid issuing further payment for repairs needed to return the property to its pre-loss condition, but now, Universal's counsel is engaged in bad-faith litigation tactics by unnecessarily delaying the end outcome of this claim. On its own volition, the insurance company has on a multitude of occasions inquired for settlement demands from the insured. Despite the insureds' prompt responses to those settlement demand inquiries, Universal has not acknowledged receipt of them nor responded to them with some justifiable counter offer. There is no doubt that all of Universal's coverage defenses in this action have been waived and the only items remaining for a Court's determination are the amount of the insureds' damages (which have been meticulously documented and provided to Universal). In addition to Universal's bad-faith litigation tactics, it has further become obvious to the insureds that Universal is purposefully perpetuating a delay of the proceedings, in an apparent effort of leverage to force the insureds to accept less than their claim is worth. This is wrote bad-faith claims handling, for there is no discernible reason for the insurance company to (1) delay discovery, (2) baselessly cancel the Plaintiffs deposition without notice or reason, and (3) to inquire for settlement demands from the insureds without any intention to acknowledge, respond, or enter into settlement negotiations.
It remains clear that Universal has not acted honestly or fairly towards its Insureds. Universal and its representatives have failed to conduct a proper investigation of the loss, misrepresented the scope of damages and repairs, and misapplied policy provisions to wrongfully reduce payment for the Insureds’ claim. It has become a general business practice of Universal to not implement proper claims handling procedures, to hire consultants that routinely ignore or intentionally misidentify relevant evidence, and to not settle claims in good faith when under all circumstances it should have. As is the case here, it is a pattern and practice for Universal to arbitrarily deny appropriate payments on claims without conducting reasonable investigations based upon information and evidence available to it. Universal's actions are part of a broader scheme to delay claims and avoid issuing payment, and that purposeful delay is corroborated by the facts alleged above. Universal's actions are widespread sufficient to constitute a general business practice.
In order to cure this civil remedy notice, Universal must acknowledge that the Insureds’ property was damaged by the wind and hail storm event and that replacement of the roof is covered by the policy. Universal must further tender the full contractual amount owed to replace the roof and make necessary interior repairs pursuant to the terms of the policy. Payment should be issued to the “Cohen Law Group Trust Account f/b/o (William and Mary Ann Wallack).” The written explanation of benefits and payment should be sent to the Insureds’ counsel’s office at 350 N. Lake Destiny Road, Suite 300, Maitland, FL 32751.
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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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