Filing Number: 786802
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| Filing Accepted: 10/14/2024 |
| Last/Business Name
*
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AVELINO COSTA
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First Name |
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JOSEMY |
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| Street Address
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2800 CHERRY BLOSSOM LOOP |
| City, State Zip
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ST. CLOUD,
FL
34771
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| Email Address
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INTAKE2@THEKRFIRM.COM |
| Complainant Type:
*
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Insured |
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| Last/Business Name* |
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AVELINO COSTA |
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First Name |
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JOSEMY |
| Policy # * |
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ATH1092476 |
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Claim #* |
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AH141850 |
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Attorney is Applicable
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| Last Name* |
KADIR
First Name *
ALI
Initial
A.
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| Street Address* |
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986 DOUGLAS AVE, STE. 102 |
| City, State Zip* |
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ALTAMONTE SPRINGS
,
FL
32714
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| Email Address * |
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INTAKE2@THEKRFIRM.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 TRADITIONS 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 12359 |
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| Name of individual responsible for violation (if any):*
SARAH AARON, STORM KING CLAIMS SERVICES LLC, SLEUTH INC., AND ALL AMERICAN TRADITIONS CLAIMS ADJUSTERS, EMPLOYEES, REPRESENTATIVES, AGENTS, VENDORS, AND/OR ENGINEERS WHO HANDLED THE CLAIM.
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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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Other
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Misrepresentation
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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)(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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| 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.
“We insure against risk of direct loss to property described in Coverages A and B only if that loss is a physical loss to property.”
American Traditions possesses a complete copy of the subject insurance policy. Ms. Avelino Costa is not in possession of a complete copy of the subject policy and is requesting a copy from American Traditions. Thus, this CRN cannot cite subject policy language verbatim due to such.
Notwithstanding, the subject policy is an all-risks insurance policy and the applicable policy language is the provision regarding coverage of all risks for the dwelling (Language such as “We insure against direct physical loss to property…”, “We insure against risk of direct loss to property…”, among other similar policy language etc. is typically used.) and provisions regarding exclusions or limitations to this all-risks provision.
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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.
Josemy Avelino Costa is a homeowner insured with an all-risks policy issued by American Traditions Insurance Company (“American Traditions”). The insured property or home is located at 2800 Cherry Blossom Loop, St. Cloud, Florida 34771.
In July of 2024, a pipe break caused extensive damage to Ms. Avelino Costa’s home. Ms. Avelino Costa timely reported an insurance claim for this damage to American Traditions and fully cooperated with all requests for inspections. She provided all requested documentation, if any, and complied with all post loss policy conditions. A Leak Detection invoice and an estimate for repair of all damages were prepared on her behalf totaling $103,031.05 and were submitted to American Traditions.
After reporting the claim, American Traditions retained an unqualified and biased field adjuster who has a financial relationship with American Traditions. This field adjuster inspected Ms. Avelino Costa’s home in an apparent effort to minimize American Traditions’ losses instead of adjusting the claim in good faith in due regard for Ms. Avelino Costa’s interests.
American Traditions also hired a biased Leak Detection Company, Sleuth, Inc. (“Sleuth”), who has a financial relationship with American Traditions. Like the field adjuster, this Leak Detection technician’s goal was to provide incorrect and erroneous findings; again in an apparent effort to minimize American Traditions’ losses to the detriment of Ms. Avelino Costa. Indeed, Sleuth incredulously found “no evidence of any active pressurized water leaks.” Rather, Sleuth stated that the damage was due to ‘long-term leakage.”
Based on these findings, American Traditions completely denied coverage for Ms. Avelino Costa’s claim. Due to such bad faith claim handling, Ms. Avelino Costa has been unable to permanently repair her home.
Based on these facts, it is clear American Traditions unreasonably denied coverage for Ms. Avelino Costa’s claim in bad faith. It denied coverage for the claim without conducting a reasonable investigation based upon the available information. It misrepresented pertinent policy provisions and facts and did not act fairly and honestly with Ms. Avelino Costa in due regard for her interests. American Traditions also delayed the claim and failed to timely respond to communications. It further failed to adopt and implement standards for the proper investigation of this claim. This has become a common business practice of American Traditions.
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 based on determinable contingencies. Inherent is the fact that payment must be made timely and promptly so that insureds may mitigate their damages and be put back into the position they were in prior to the loss as quickly as possible. American Traditions has breached this duty by refusing to properly and timely adjust the loss.
As a result, Ms. Avelino Costa will have no choice but to retain the undersigned counsel to file a lawsuit against American Traditions.
American Traditions has more than enough information and is still refusing to accept coverage for this claim. This continued and repeated reckless claim delay and denial of coverage will result in a significant punitive damage award if a bad faith lawsuit is filed.
American Traditions can avoid a lawsuit for bad faith by immediately accepting full coverage under the subject insurance policy for this claim and by paying Ms. Avelino Costa based on her $103,031.05 estimate and invoice.
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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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