Filing Number: 785507
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| Filing Accepted: 10/2/2024 |
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OXFORD POINTE AT CROWN COLONY CONDO. ASSN., INC.
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First Name |
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| Street Address
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8990 GREENWICH HILLS DRIVE |
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FORT MYERS,
FL
33908
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JERRYKATHYJONES@COMCAST.NET |
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Insured |
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| Last/Business Name* |
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OXFORD POINTE AT CROWN COLONY CONDO. ASSN., INC. |
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First Name |
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| Policy # * |
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AMC3610903 |
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Claim #* |
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4198884 |
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Attorney is Applicable
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BERGER
First Name *
PAUL
Initial
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| Street Address* |
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701 CHASE TREE STREET |
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LAS VEGAS
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NEVADA
89144
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| Email Address * |
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PAUL@HURRICANELAWGROUP.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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,
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NAIC Company Code 12968 |
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| Name of individual responsible for violation (if any):*
OFFICERS, SUPERVISORS, AND OR MANAGEMENT OF AMERICAN COASTAL INSURANCE COMPANY, AND ALL ADJUSTERS, CLAIMS REPRESENTATIVES, LOSS CONSULTANTS, ENGINEERS, ATTORNEYS AND EXPERTS, SHARON BLOW, ILAN CABALLERO FRANCO, MATTHEW CLEMENS, RICHARD RAGUCCI, MICHA
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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 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)(2) |
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Making claims payments to insureds or beneficiaries not accompanied by a statement setting forth the coverage under which payments are being made.
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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)(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)(e) |
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Failing to affirm or deny full or partial coverage of claims, and, as to partial coverage, the dollar amount or extent of coverage, or failing to provide a written statement that the claim is being investigated, upon the written request of the insured within 30 days after proof-of-loss statements have been completed.
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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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| 626.9541(1)(i)(3)(g) |
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Failing to promptly notify the insured of any additional information necessary for the processing of a claim.
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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.
ACIC understands the risks with hurricane-exposed properties and stands ready to help you recover in the event of a catastrophe.
Coverages A and B – including Loss Settlement and Loss Payment Provisions
All Additional Coverages –
Ordinance and Law Coverage
Endorsements
Declarations
Duties in the Event of Loss
Applicable Policy Definitions
COVERAGES PROVIDED Insurance at the Described Premises Applies Only For Coverages For Which A Limit of
Insurance is shown
Described Location Premises Limit of Insurance
Loc No. Bldg. No. Address Building
0001 0001 8990 Greenwich Hills Way $800,000
0002 0001 8986 Greenwich Hills Way $800,000
0003 0001 8980 Greenwich Hills Way $800,000
0004 0001 8976 Greenwich Hills Way $800,000
0005 0001 8970 Greenwich Hills Way $800,000
0006 0001 8966 Greenwich Hills Way $800,000
0007 0001 8960 Greenwich Hills Way $800,000
0008 0001 16101 Mount Abbey Way $800,000
0009 0001 16107 Mount Abbey Way $800,000
0010 0001 16113 Mount Abbey Way $800,000
0011 0001 16119 Mount Abbey Way $800,000
0012 0001 16125 Mount Abbey Way $800,000
0013 0001 16131 Mount Abbey Way $800,000
0014 0001 16137 Mount Abbey Way $800,000
0015 0001 16143 Mount Abbey Way $800,000
0016 0001 16149 Mount Abbey Way $800,000
0017 0001 16157 Mount Abbey Way $800,000
0018 0001 16160 Mount Abbey Way $800,000
0019 0001 16152 Mount Abbey Way $800,000
0020 0001 16146 Mount Abbey Way $800,000
0021 0001 16140 Mount Abbey Way $800,000
0022 0001 16295 Crown Arbor Way $800,000
0023 0001 8830 West Forest Lane $800,000
0024 0001 8824 West Forest Lane $800,000
0025 0001 8817 West Forest Lane $800,000
0026 0001 8825 West Forest Lane $800,000
0027 0001 8831 West Forest Lane $800,000
0028 0001 16311 West Forest Lane $800,000
0029 0001 16294 West Forest Lane $800,000
0030 0001 16298 Crown Arbor Way $800,000
0031 0001 16304 Crown Arbor Way $800,000
0032 0001 16308 Crown Arbor Way $800,000
0033 0001 16312 Crown Arbor Way $800,000
0034 0001 16316 Crown Arbor Way $800,000
0035 0001 16320 Crownsbury Way $800,000
0036 0001 16500 Crownsbury Way $800,000
0037 0001 16510 Crownsbury Way $800,000
0038 0001 16520 Crownsbury Way $800,000
0039 0001 16530 Crownsbury Way $800,000
0040 0001 16540 Crownsbury Way $800,000
0041 0001 16550 Crownsbury Way $800,000
0042 0001 16560 Crownsbury Way $800,000
0043 0001 16570 Crownsbury Way $800,000
0044 0001 16580 Crownsbury Way $800,000
0045 0001 16590 Crownsbury Way $800,000
0046 0001 16600 Crownsbury Way $800,000
0047 0001 16610 Crownsbury Way $800,000
0048 0001 16620 Crownsbury Way $800,000
0049 0001 16630 Crownsbury Way $800,000
0050 0001 16640 Crownsbury Way $800,000
AC N005 10 18
This form outline’s the insurer’s duties in responding to the notice:
A response will be provided by us within 10 business days after receiving the notice.
If responding to a notice served following a denial of coverage, we will respond by accepting coverage, continuing to deny coverage, or asserting the right to reinspect the damaged property.
If we respond by asserting the right to reinspect, we have 14 business days after the response to reinspect and accept or continue to deny coverage.
IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY.
WINDSTORM OR HAIL: COVERED
CONDOMINIUM ASSOCIATION COVERAGE FORM
All language CP 00 17 06 07 pages 1-14
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.
ORDINANCE OR LAW COVERAGE
This endorsement modifies insurance provided under the following:
BUILDING AND PERSONAL PROPERTY COVERAGE FORM
CONDOMINIUM ASSOCIATION COVERAGE FORM
STANDARD PROPERTY POLICY
D. Coverage
1. Coverage A – Coverage For Loss To The
Undamaged Portion Of The Building
With respect to the building that has sustained covered direct physical damage, we will pay under Coverage A for the loss in value of the undamaged portion of the building as a consequence of enforcement of an ordinance or law that requires demolition of undamaged parts of the same building.
3. Coverage C – Increased Cost Of
Construction Coverage
a. With respect to the building that has sustained covered direct physical damage, we will pay the increased cost to: (1) Repair or reconstruct damaged portions of that building; and/or (2) Reconstruct or remodel undamaged portions of that building, whether or not demolition is required; when the increased cost is a consequence of enforcement of the minimum requirements of the ordinance or law.
CONDOMINIUM ASSOCIATION COVERAGE FORM
A. Coverage
We will pay for direct physical loss of or damage to Covered Property at the premises
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, outside of individual units, including outdoor fixtures;
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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 (“American Coastal”) has breached this trust, the policy and Florida law by its handling of Oxford Pointe at Crown Colony Condo. Assn., Inc.’s (“Oxford Pointe”) Claim of Loss (Claim Number: 4198884; D.O.L. 09/28/2022). As described in detail below, 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 create and implement adequate guidelines for the proper investigation and evaluation of claims, claims handling, and for training and supervising employees, resulting in statutory violations, as set forth above. American Coastal has hired teams of adjusters, engineers, consultants and attorneys to systematically engage in claim delays, underpayments and denials for their own financial benefit.
On or about September 28, 2022, Hurricane Ian hit Fort Myers Florida as a Category 4 Hurricane. Ian caused over $112 billion in damage in the U.S. and was one of the most powerful tropical cyclones on record. Oxford Pointe was subjected to Category 4 winds for an extended period of time during Ian. Promptly after the storm (on or about October 4, 2022) the Insured submitted a claim to American Coastal for damages sustained as a result of Hurricane Ian. Despite the wind speed and strength of the hurricane at the Insured property, and widescale visible damages, American Coastal continues to breach the policy and Florida law by refusing to properly pay for covered losses to the roof, interior damages, windows and doors.
In the nearly two years since Ian impacted Oxford Pointe, American Coastal has had teams of adjusters, engineers and building consultants inspect the property on numerous occasions. Despite repeatedly being provided with unfettered access to the property, American Coastal’s position is that the investigation is ongoing, which statement demonstrates the carrier’s complete disregard of Florida law, bad faith actions and breach of the policy. The facts clearly demonstrate that American Coastal was aware of all damages claimed, that it fully investigated this loss, and that American Coastal ignored damages and systematically delayed this claim for two years for its own financial benefit. We believe that American Coastal has intentionally misrepresented the facts of this claim in bad faith and with the sole purpose to underpay the claim. American Coastal’s actions were in violation of Fl Statute sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(2), 626.9541(1)(i)(3)(a), 626.9541(1)(i)(3)(b), 626.9541(1)(i)(3)(c), 626.9541(1)(i)(3)(d), 626.9541(1)(i)(3)(e), 626.9541(1)(i)(3)(f), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(h) and 627.70131.
American Coastal was provided with prompt notice of the loss and sent an initial adjuster to “triage” the claim. Instead of acting in good faith and with proper speed and diligence to properly adjust the claim, it began a lengthy and systematic process of delay, denial and more delays.
In accordance with the 2022 version of Fl Statutes 627.70131 “Within 90 days after an insurer receives notice of an initial, reopened, or supplemental property insurance claim from a policyholder, the insurer shall pay or deny such claim or a portion of the claim unless the failure to pay is caused by factors beyond the control of the insurer which reasonably prevent such payment.” American Coastal completely ignored this legal requirement and also violated Fl. Statute Sec. 624.155(1)(b)(3).
Despite being made aware of this loss in a timely manner on October 4, 2022, American Coastal waited until December 12, 2022 to conduct a full investigation of the loss. The carrier’s team of adjusters and engineers (JS Held) inspected the property for several days (Dec 12-15). JS Held and adjusters from Sedwick were given unfettered access to the property and inspected roofs, interiors, doors and windows on all units at Oxford Pointe. This was acknowledged in writing by the carrier in a letter from Sharon Blow dated August 28, 2023, where she stated that “in addition to the roof damage to the property, J.S. Held was also provided access to all of the interior units at the property where it was claimed that water intrusion and water damage occurred as a result of Hurricane [Ian].”
American Coastal refused to pay or deny the Insured’s hurricane claim for months as part of a strategy to systematically delay and underpay claims. On April 24, 2023 the Insured filed a 10 Day NOI and stated “American Coastal has had field adjusters and engineers inspect the insured properties, but has failed to issue a coverage decision and over 90 days have passed and there are no circumstances beyond the control of American Coastal. As a result, American Coastal is in breach of the policy of insurance.” American Coastal’s actions were in violation of Fl Statute sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
Finally on August 28, 2023, eleven months after Hurricane Ian, American Coastal issued its Coverage Determination Letter. This letter along with an estimate and engineering report from American Coastal documents that (1) American Coastal was aware of the claim for damages including the roofs, exterior, windows and doors and interior damages; (2) American Coastal was provided with unfettered access to the property; (3) the Insured was in complete compliance with the policy and (4) American Coastal clearly violated Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131 and the policy.
This letter from Ms. Blow and the actions of the adjusters handling this claim, demonstrate that they have violated the Adjuster Code of Ethics, the Florida Administrative Code Sections:
69B-220.201(3)(b) An adjuster shall treat all claims equally. An adjuster shall not provide favored treatment to any claimant. Adjuster shall adjust all claims strictly in accordance with the insurance contract.
69B-220.201(3)(b)2. An adjuster shall adjust all claims strictly in accordance with the insurance contract.
69B-220.201(3)(c) An adjuster shall not approach investigations, adjustments, and settlements in a manner prejudicial to the insureds.
69B-220.201(3)(d) – An adjuster shall make truthful and unbiased reports of the facts after making a complete investigation.
69B-220.201(3)(f) An adjuster, upon undertaking the handling of a claim, shall act with dispatch and due diligence in achieving a proper disposition of the claim.
69B-220.201(3)(m) An adjuster shall not knowingly fail to advise a claimant of their rights in accordance with the terms and conditions of the contract and of the applicable laws of this state.
The JS Held engineer report that the coverage determination letter was based upon is dated February 9, 2023. American Coastal had this report for over six months before it is issued its coverage determination. Essentially American Coastal shelved the report to delay the claim for months. This is a clear violation of the policy and Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
Moreover, the estimate and engineering report ignored significant damages. After inspecting interior units for damage to doors and windows, American Coastal determined that only one window was damaged, despite the windows being subjected to 130+ MPH winds for 12 hours. According to NOAA during storms the strength of Ian “Well-built framed homes can sustain severe damage with loss of most of the roof structure and/or some exterior walls.” Significant damage would be expected to the windows, but this damage was either not inspected or ignored to underpay the claim for the financial benefit of American Coastal.
Despite inspecting all roofs at the property, American Coastal paid for minor tile repairs on most roofs. This repair includes the roof tile, roofing nails, and installation labor. This repair completely ignores damage to the underlayment which is the primary water resistant material of the roof. American Coastal ignored all damages to the underlayment for their own financial benefit. American Coastal’s actions were in violation of Fl Statute sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(2), 626.9541(1)(i)(3)(a), 626.9541(1)(i)(3)(b), 626.9541(1)(i)(3)(c), 626.9541(1)(i)(3)(d), 626.9541(1)(i)(3)(e), 626.9541(1)(i)(3)(f), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(h) and 627.70131.
The carrier continued its delay tactics and requested additional window inspections. American Coastal retained Miami Curtain Wall to inspect the doors and windows. The inspections occurred on November 13 and 14, 2023. Miami Curtain Wall established what units they wanted to inspect and again was given unfettered access to the property. Despite inspecting windows, doors and interiors in 2023, the carrier did not take any position on the door and window claim and ignored it in its entirety in violation of the policy and Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
Miami Curtain Wall is not a licensed engineering firm or adjusting firm. They are merely a group of unlicensed and unqualified consultants. The consulting team was led by Michael Lamborghini, who is not a licensed adjuster or engineer. Conducting a cause and origin inspection of the windows and doors for hurricane damage requires an engineering license in the State of Florida and both Mr. Lamborghini and Miami Curtain Wall are unlicensed in violation of State Law. American Coastal is using unlicensed consultants in violation of Florida law for the purpose of delaying, underpaying and denying claims in violation of Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
In March 2024 the Insured provided the Carrier with a Proof of Loss and detailed estimates totaling more than Twenty-Two million dollars. Included with this documentation was a window and door replacement estimate and roof replacement estimate. Again the carrier did nothing for months and ignored materials provided by the Insured. In fact, no further request for additional inspections of the doors and windows was requested until July 2024. Despite the failure of American Coastal to complete its investigation of the doors and windows claim as required under FSA 627.70131. American Coastal’s lack of response to the Proof of Loss and documentation was a violation of the policy and Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
Oxford Pointe allowed more inspections by Miami Curtain wall in August 2024 for an entire week. Miami Curtain Wall again was provided with unfettered access to inspect doors and windows. On September 18, 2024, the carrier again asked for additional inspections to complete inspection of the unit interiors, windows, and doors. American Coastal has spent weeks at this property with different teams of engineers, consultants and adjusters and was provided unfettered access to the property. It refuses to compete its inspections and tender all amounts owed under the policy in violation of the policy and Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
Not being satisfied with this treatment and the poor attempt at claims handling, delays, deception and non-explanations by the insurer, the Insured moved forward to have an independent, competent opinion as to causation and scope of their losses at great financial cost to the Insured. The Insured retained APEC engineering led by Matt Phelps, a highly respected and renown engineer, to inspect the insured properties with special focus on roofs, doors and windows. Mr. Phelps and APEC spent significant time inspecting the buildings and conducted both roof and window testing, and determined that the roofs, windows and doors at the property sustained significant windstorm damage during Ian and need to be replaced. The APEC Engineering report was provided to American Coastal and was ignored in its entirety. This report which evidenced storm damage should not be summarily dismissed by the Insurers but rather should be given the credence and acceptance which is rightfully merited. The carrier’s refusal to consider evidence of significant storm damage is further proof of its bad faith claims handling.
An insurer is obligated to make coverage determinations based upon reasonable explanations and reasonable investigations. A fair and reasonable investigation would have found that the full damage to the property, as documented by APEC Engineering, necessitated roof, window and door replacement. These damages are covered losses and a reasonable investigation would have provided full coverage and prompt payment to the Insured in the amount in the Proof of Loss. In refusing to following APEC Engineering report and tender all amounts owed under the policy in violation of the policy and Fl Statutes sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(a) and 627.70131.
In addition to the above items, we have identified the following instances of bad faith conduct on the part of American Coastal:
• Purposefully minimizing the value of the claim by using biased consultants and adjusters to minimize damages.
• Refusing to pay for necessary repairs, ignoring damages and failing to properly consider all applicable statutes and building code requirements both at the state and local level.
• Implementing a claim handling process geared to minimize storm related damages, especially roof and window damages. This scheme is meant solely to benefit the carrier while hindering the insured from obtaining just compensation for the loss.
• Purposefully and deliberately failing to account for all wind damage to the roofs, windows, doors, and interior of the subject properties.
• Misrepresenting that roof repairs where only tiles are replaced are proper repairs, rather than a roof replacement is needed for roofs of the subject property.
• Failing to adopt and implement standards for the proper investigation of the claim; failing to conduct a proper investigation of any and all wind damage to the properties, including but not limited to, all wind damage to all of the roofs and windows.
• Failing to perform an adequate roof investigation to assess damage to underlayment.
• Failing to perform inspection and testing on windows by qualified engineers to assess window damages.
These actions are in violation of the insurance policy and the duty of good faith and fair dealing that American Coastal owes to its policyholders. Based on conduct to date, these practices occur with such frequency as to constitute a general claims handling process/business practice imbedded within the company’s management of Hurricane Ian claims.
To date, American Coastal has continued to refuse to acknowledge its obligation to tender all insurance proceed monies due and owing the Insured or assist the Insured in mitigation of the damages.
The insurer has failed and refused to acknowledge coverage and restore the Insured to their pre-loss condition. American Coastal has sufficient information upon which to evaluate the Insured’s claim for damages, and certainly has been provided with an independent means by which to determine the amount of loss.
The Insured has complied with the policy of insurance and Florida law, and American Coastal continues to wrongfully refuse to tender the insurance proceeds that are due and owing the Insured. The concept of insurance is the granting of timely and prompt indemnity or security against a contingent loss. Florida Statutes section 624.02 defines "insurance" as a contract whereby one undertakes to indemnify another or pay a specified amount or a determinable benefit upon determinable contingencies. Inherent is the fact that payment must be made timely and promptly so that the Insured may be put back into the position it was in prior to the loss as quickly as possible. American Coastal breached this duty.
American Coastal must immediately take steps to rectify the situation and oversee this claim in a fair and appropriate manner. This includes providing full and fair compensation for the damages incurred and for any additional costs and expenses incurred as a result of American Coastal's bad faith conduct, including but not limited to, fees and costs related to the retention of counsel required to challenge American Coastal’s improper handling of this claim. As of this moment, the damages found and evaluated by the insured(s) value at minimum $25,000,000, including damages, fees and interest and we request payment in that sum as a curative measure to the conduct described herein.
SUMMARY OF STATUTORY VIOLATIONS:
The statutory violations here are many and varied and have occurred simultaneously and concurrently, generally serve as an unfortunate model for insurer unfair claims practices, and they include but are not limited to the following:
This intentional, willful, wanton, and wrongful conduct referenced above is a clear violation of multiple Florida Statutes, including but not limited to 624.155(1)(b)(1), 626.9541(1)(i)(3)(a) and 626.9541(1)(i)(3)(i), and shows that this carrier did not attempt in good faith to settle the Insureds claim(s) when, under all the circumstances, it could have and should have done so, had it acted fairly and honestly toward its Insured and with due regard for the Insureds interests.
The insurer is obligated to engage in fair claims practices and make timely coverage determinations based upon reasonable explanations and reasonable investigations. This did not happen. A reasonable investigation would have found that the damage to the insured property was fully covered, and the result of a reasonable investigation would have been to provide coverage and prompt, full payment, which has not been done. American Coastal’s actions were in violation of Fl Statute sections 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(2), 626.9541(1)(i)(3)(a), 626.9541(1)(i)(3)(b), 626.9541(1)(i)(3)(c), 626.9541(1)(i)(3)(d), 626.9541(1)(i)(3)(e), 626.9541(1)(i)(3)(f), 626.9541(1)(i)(3)(g), 626.9541(1)(i)(3)(h) and 627.70131.
The totality of the actions, inactions, obfuscations, and insurer misconduct as set forth above constitutes unfair claims practices.
THEREFORE: This insurance carrier, AMERICAN COASTAL, must:
(1) create and implement adequate guidelines for the proper investigation and evaluation of these types of claims and for the training and supervision of employees, which will avoid future statutory violations.
(2) create and implement adequate guidelines for the proper investigation and evaluation of these type of claims and for the training and supervision of employees in connection with legitimate claims to ensure that the claims handling procedures are adequate to prevent other insureds from being treated unfairly and wrongfully; and
(3) immediately tender all available insurance proceeds, plus interest and costs to the Insured, presently known to be at least $25,000,000, while continuing to adjust the loss with the Insured, including but not limited to honoring their reciprocal duties and agreement to abide by all Policy terms; and
(4) tender to the Insured all amounts representing monies paid for remedial or temporary repairs and less any prior payments, applicable depreciation, and deductibles; and
(5) pay interest on untimely payments from the date the carrier was notified of the loss or, upon the election of the Insured, pay such other interest payments as may be available under Florida law, including prejudgment interest; and
(6) pay attorney’s fees and costs; and
(7) exercise good faith efforts to resolve these claim(s) by acting fairly and honestly towards the Insured and with due regard for the Insureds interests in disclosing all evidence which supports their position, and in attempting to fully settle the entirety of its Insureds claim(s).
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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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