Filing Number: 786910
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| Filing Accepted: 10/15/2024 |
| Last/Business Name
*
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ALMANZA
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First Name |
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MELINDA |
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| Street Address
*
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2219 LAKE HOLLOWAY BOULEVARD |
| City, State Zip
*
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LAKELAND,
FL
33801
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| Email Address
*
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MAJ@WEKLAW.COM |
| Complainant Type:
*
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Insured |
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| Last/Business Name* |
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ALMANZA |
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First Name |
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MELINDA |
| Policy # * |
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0760701722 |
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Claim #* |
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70073737531 |
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Attorney is Applicable
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| Last Name* |
JORDAN
First Name *
MATTHEW
Initial
A
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| Street Address* |
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708 E COLONIAL DR, 103 |
| City, State Zip* |
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ORLANDO
,
FLORIDA
32803
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| Email Address * |
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MAJ@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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TRUCK INSURANCE EXCHANGE
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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 21709 |
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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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Unsatisfactory Settlement Offer
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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)(3)(a) |
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Failing to adopt and implement standards for the proper investigation of claims.
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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.
The policy as a whole applies, including, but not limited to Section 1 – Perils Insured Against; Section 1 –
Exclusions; Section 1 – Conditions and the endorsements thereto.
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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.
Truck Insurance Exchange (Insurer) acted in bad faith in its dealings with Melinda Almanza and Ivan Almanza (Insureds) regarding a direct physical loss (Loss) at 2219 Lake Holloway Boulevard, Lakeland, FL 33801 Property) violating Fla. Stat. § 624.155. Fla. Stat. § 624.155 provides a cause of action for bad faith in first-party claims. Fridman v. Safeco Ins. Co., 185 So. 3d 1214, 1220 (Fla. 2016). These first-party claims are treated the same as third-party claims. Id. at 1221. The question of whether an insurer acted in bad faith is determined by the “totality of the circumstances” standard. Berges v. Infinity Ins. Co., 896 So. 2d 665, 680 (Fla. 2004). This inquiry focuses on the actions of the insurer. Id. at 677. The insurer has a duty to use the degree of care and diligence as a person of ordinary care. Bos. Old Colony Ins. Co. v. Gutierrez, 386 So. 2d 783, 785 (Fla. 1980). The insurer must investigate the facts, give fair consideration to all settlement offers, and settle when a reasonable prudent person would. Id. Additionally, an insurer must not act solely in their own interest in settlement. State Farm Mut. Auto Ins. Co. v. LaForet, 658 So.2d 55, 58 (Fla. 1995). Furthermore, the insurer has the burden to show that there was no realistic possibility of settlement. Powell v. Prudential Prop. & Cas. Ins. Co., 584 So. 2d 12, 14 (Fla. 3d DCA 1991).
Insurer acted in bad faith under Fla. Stat. § 624.155(1)(b)(1) in their dealings with Insured by failing to attempt to fairly settle Insured’s claims when it could and should have done so had it acted fairly and honestly towards insured. Here, Insurer acted in bad faith for failing to reasonably settle insured’s claim. Insurer underpaid Insured’s claim for obvious damage caused by a covered peril. Insurers investigation is clearly deficient.
Pursuant to Fla. Stat. § 626.9541(1)(i)(3)(a), an insurer must adopt and implement standards for the proper investigation of claims. Additionally, pursuant to Fla. Stat. § 626.9541(1)(i)(3)(d), an insurer acts in bad faith if it denies or underpays a claim without conducting a reasonable investigation based upon available information. Here, the facts of this loss investigation indicate that Insurer does not have adequate standards for the proper investigation of claims and Insurer did not conduct a reasonable investigation before underpaying Insured’s claim. Insurer sent Adjuster to investigate the claim. Adjuster conducted a cursory investigation failing to take into account clear evidence of damage caused by the Loss. (Hurricane Ian)
As exhibited above, Insurer has acted in bad faith in its dealings with Insured by failing to adopt and implement standards for the proper investigation of claims in violation of Fla. Stat. § 626.9541(1)(i)(3)(a) and Fla. Stat. § 626.9541(1)(i)(3)(d). This bad faith failure to investigate is part of a pattern and practice implemented by Insurer against Insured to delay and leverage settlement. Ultimately, Insurer’s claim investigation procedure, as referenced above, serves no purpose other than to increase Insurer’s profits. In order to remedy the above referenced violation Insurer must promptly fairly and honestly assess or reassess the Loss so that it may engage in good faith settlement negotiations with Insured and Insured’s representatives.
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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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