Filing Number: 785365
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| Filing Accepted: 10/2/2024 |
| Last/Business Name
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LIRIANO
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First Name |
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RAYSELL |
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| Street Address
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11265 BLYTHVILLE ROAD |
| City, State Zip
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SPRING HILL,
FL
34608
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| Email Address
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CDP@WEKLAW.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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LIRIANO |
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First Name |
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RAYSELL |
| Policy # * |
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06920866 |
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Claim #* |
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CH0524425388 |
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Attorney is Applicable
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| Last Name* |
PAGAN
First Name *
CHRISTOPHER
Initial
D
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| Street Address* |
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800 EAST BROWARD BOULEVARD, SUITE 510 |
| City, State Zip* |
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FORT LAUDERDALE
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FL
33301
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| Email Address * |
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CDP@WEKLAW.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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MONARCH NATIONAL 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 15715 |
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| Name of individual responsible for violation (if any):*
ROSMEY HONDARES
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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 Denial
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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)(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)(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.
SECTION I – PROPERTY COVERAGES
Coverage A – Dwelling.
We cover:
1. The dwelling on the “residence premises” shown in the Declarations, including structures attached to the dwelling; and
2. Materials and supplies located on or next to the “residence premises” used to construct, alter or repair the dwelling or other structures on the “residence premises.”
SECTION I – PERILS INSURED AGAINST
A. Coverage A – Dwelling and Coverage B – Other Structures
We insure for sudden and accidental direct loss to covered property described in Coverages A and B only if that loss is a physical loss to property.
SECTION I – CONDITIONS
C. Loss Settlement. Covered property losses are settled as follows:
b. Buildings under Coverage A or B at replacement cost without deduction for depreciation, subject to the following:
(2) If, at the time of loss, the amount of insurance in this policy on the damaged building is less than 80% of the full replacement cost of the building immediately before the loss, we will pay the greater of the following amounts, but not more than the limit of liability under this policy that applies to the building:
(a) The actual cash value of that part of the building damaged; or
(b) That proportion of the cost to repair or replace, after application of deductible and without deduction for depreciation, that part of the building damaged, which the total amount of insurance in this policy on the damaged building bears to 80% of the replacement cost of the building.
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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.
Raysell Liriano ("Insured") purchased an insurance policy ("Policy") from Monarch National Insurance Company ("MONARCH" or “Carrier”) with effective coverage on the date of loss, on or about January 9, 2024, and Policy number 06920866 to insure his property located at 11265 Blythville Road, Spring Hill, FL 34608 (the "Property").??
On or about January 9, 2024, the Property suffered severe damage as the result of a windstorm event, which caused ensuing damages to the Property including but not limited to the roof and interior of the property ("Loss"). MONARCH was notified of the Loss and was granted access to the property in order to complete their inspection. MONARCH acknowledged the claim and assigned claim CH0524425388 ("Claim") to the Loss.
MONARCH sent an adjuster to inspect the subject property. The adjuster confirmed water damage to the property as claimed; however, the adjuster prepared a purported estimate that failed to account for several necessary repairs.
On May 30, 2024, Rosmey Hondares, the claims examiner on behalf of MONARCH, authored a letter to counsel for the Insured (“Coverage Letter”) stating that the damages were covered under the policy and that no payment was forthcoming because they believe the cost of the repairs fell below the applicable deductible. Nowhere in the letter does MONARCH state that they were unable to conduct or complete an investigation of the damages and necessary repairs to the Property, nor does it mention any reason why MONARCH would have been prejudiced in its investigation.
After being provided plenty of evidence (including photos, estimates, and immediate access to the property upon discovery) showing that damage from a windstorm event occurred at the property that will require extensive repairs, MONARCH continues to refuse to provide additional money in order to complete these repairs. MONARCH also has the ability to determine the costs needed to fully repair this property but has not attempted to discover this information and has instead forced the Insured to pursue legal recourses for the money due and owing under the contract of insurance. MONARCH is trying to avoid finding any further information that would increase the amount of coverage available on this claim despite being aware that additional costs would need to be incurred by the Insured to repair his home.
The Insured has fully complied with all applicable Policy provisions requiring cooperation with the?investigation;?however, MONARCH has unequivocally failed to properly adjust this Claim, as elaborated above. MONARCH has not attempted, in good faith, to settle this claim when, under the circumstances, it could and should have done so had it acted fairly and honestly toward the policyholder and with due regard to the policyholder's interests.? Rather, MONARCH has acted with only its own profit and shareholders in mind.
As a direct consequence of MONARCH’s failure to adjust this Loss in good faith and make any additional supplemental payment, the Insured continues to be without adequate compensation for the damages sustained at the Insured’s Property months ago.??
By stating the above detailed?facts,?it is clear that MONARCH has violated the following Florida statutes:?
• 624.155(1)(b)(1) 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 Insureds and with due regard for their interest.
• 624.155(1)(b)(3) 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.
• 626.9541(1)(i)(3)(a) Failing to adopt and implement standards for the?proper investigation of?claims;
• 626.9541(1)(i)(3)(c) Failing to acknowledge and act promptly upon communications with respect to claims;
• 626.9541(1)(i)(3)(i) Unfair claim settlement practices.
To date, MONARCH has in bad faith failed to provide sufficient coverage under the Policy to the Insured. As a direct result of MONARCH’s underpayment of the Claim and breach of the Florida Statutes, the Insured was?forced to seek the?help of licensed professionals to assist him, including legal counsel.?Due to the amount of time that has passed since the date of loss and the information discussed above, there is irrefutable evidence that MONARCH knowingly and intentionally, and in bad faith delayed the settlement process in order to further disadvantage the Insured. The financial detriment caused to the Insured is a direct result of MONARCH’s reckless treatment of the claims process. The Insured submitted all documents requested in a timely fashion, made the property available for inspection immediately after the discovery of the loss, submitted an estimate, and satisfied all requests. However, MONARCH failed at every step of the process to adequately establish or identify the basis of its gross mismanagement of the claim.?
To deny the Insured the benefits clearly due and owing under the Policy, for which he has been making premium payments for and after he has satisfied all of his obligations is morally and ethically reprehensible and reeks of Unfair Claims Practice and Bad Faith. Upon information and belief, the aforementioned actions complained of, among others, were made by MONARCH so often?as to constitute a general business practice, evidencing a motive to enhance MONARCH’s profits, and designed to cause a detrimental effect to its policyholders. The above clearly depicts that MONARCH adjusted this claim in bad faith, continue to act in bad faith towards its Insureds and that MONARCH is in direct violation of Unfair Claims Practices.??
This notice is given in order to perfect the right to pursue the civil remedy authorized by Section 624.155, Florida Statutes, should MONARCH fail to cure the violations set forth in this Civil Remedy Notice within the given cure period. Therefore, to cure the defects outlined in this Civil Remedy Notice, MONARCH must: (1) Immediately tender all proceeds due and owing to the Insured that are fairly owed under the insurance policy that would reasonably compensate them in order to put the loss property back to its pre-loss condition ($71,031.00 less any applicable deductible); (2) Immediately afford coverage for the repairs to the subject property necessary to put the property back into its pre-loss condition and reimburse for the work already performed (3) Agree to reimburse the Insured’s reasonable attorneys’ fees and costs for having to become involved to resolve the claim; and (4) Agree to reimburse the Insured for interest on the amount of benefits that was found to be?due and owing to the Insured, relating back to the date of loss.
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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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