Filing Number: 792035
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| Filing Accepted: 11/13/2024 |
| Last/Business Name
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SULLIVAN
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First Name |
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ROBERT AND EMILY |
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| Street Address
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4721 SLOEWOOD DRIVE |
| City, State Zip
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MOUNT DORA,
FL
32757
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| Email Address
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WITHHELD |
| Complainant Type:
*
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Insured |
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| Last/Business Name* |
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SULLIVAN |
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First Name |
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ROBERT AND EMILY |
| Policy # * |
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0760412181 |
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Claim #* |
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5033020008-1-1 |
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Attorney is Applicable
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| Last Name* |
GUTIERREZ
First Name *
DANIEL
Initial
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| Street Address* |
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924 DELANEY AVENUE |
| City, State Zip* |
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ORLANDO
,
FLORIDA
32806
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| Email Address * |
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SERVICE@DGPALAW.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):*
PAULANDREA CUEVAS
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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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Claim Denial
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Unsatisfactory Settlement Offer
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Unfair Trade Practice
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Cancellation
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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)(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)(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)(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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| 626.9541(1)(o)(11) |
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No insurer shall cancel or issue a non-renewal notice on any insurance policy or contract without complying with any applicable cancellation or non-renewal provision required under the Florida Insurance Code.
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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.
The estimate attached to the coverage decision correspondence references that the policy does not provide coverage for any wear and tear, corrosion, rust, breakdown, deterioration or decay. However, there is no specific statement or explanation as to which damages claimed are being excluded based on this policy language.
Additionally, they have failed to properly adjust and pay the claim pursuant to the Section I – Conditions, Loss Settlement provision and the Section I – Conditions, Loss Payment 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.
On or about October 10, 2024, the home of Robert and Emily Sullivan (hereinafter referred to the “Insureds”) was damaged by Hurricane Milton. Specifically, the roof and exterior were damaged and interior water damages ensued. The Insured reported these damages to their homeowners’ insurance company, Truck Insurance Exchange (hereinafter referred to as “Insurer”). The Insurer responded to the claim and inspected the damages.
In correspondence dated October 24, 2024, the Insurer advised that they completed their assessment of the damages and had determined that the claimed damages were below the Insureds’ deductible. The estimate provided was for minimal roof repairs and totaled $5,983.84 RCV and $4,876.35 ACV.
The Insured received an estimate from a contractor for storm damages that included replacement of the roof and totaled $161,920.30 RCV and $160,236.48 ACV. These damages clearly exceed the $15,660.00 hurricane deductible. Not only have the Insureds been severely lowballed, but to add insult to injury the Insurer has advised that they will be non-renewing the Insureds in January. However, Florida Statute states that the Insurer cannot cancel or non-renew the policy until 90 days after the dwelling or residential property has been repaired, if such property has been damaged as a result of a Hurricane. The property has not been repaired and cannot be repaired until proper payment is made. However, the Insurer attempting to improperly non-renew the policy puts pressure on the Insurers to try to find new insurance, which is very difficult to do with unrepaired damages and an open claim.
It is clear that the carrier is not treating the Insureds with good faith claims conduct by failing to pay a claim clearly owed, not adjusting the claim and evaluating the loss properly, failing to promptly and fairly provide full and prompt indemnity to the Insureds, failing to advise of any information necessary for further processing of the claim, failing to provide a reasonable explanation in writing of the basis in the insurance policy in relation to the facts for the denial of the claim, failing to implement proper standards for the adjustment and investigation of claims by its adjusters, and improperly attempting to non-renew the policy. This Insurer is placing the company’s interests before the Insureds’ interests when a reasonable carrier in a similar position would have provided full coverage. In particular, it is a business practice of the Insurer to severely lowball storm damage claims with their initial claim adjustment with the intent of effecting settlement of such claims on less favorable terms than those provided by the policy.
All the aforementioned are part of what appears to be an ongoing pattern and practice of behavior of the carrier that it demonstrates a wanton and reckless disregard for the Insured’s rights and a pattern and practice of bad faith claims practices to its insureds across the state of Florida. Therefore, to cure the defects outlined in this Civil Remedy Notice, the carrier must: 1.) Pay the complete covered loss in the amount of $160,236.48 (after application of the deductible) 2.) Pay the statutory interest on the amount of unpaid damages from the date the loss was reported to the date payment is finally made. 3.) Rescind the non-renewal until at least 90 days after the storm damage repairs have been completed.
A copy of this form has been submitted to the FDFS and has been printed out and mailed to the following parties providing them notice of the filing of the Civil Remedy Notice:
Truck Insurance Exchange
6301 Owensmouth Ave.,
Woodlands Hills, CA 91367
Certified Return Receipt # 9589 0710 5270 1009 7572 82
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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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