Filing Number: 792885
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| Filing Accepted: 11/18/2024 |
| Last/Business Name
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LACY
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First Name |
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GARRETT AND KERRI |
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| Street Address
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8615 COLONY TRACE DRIVE |
| City, State Zip
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FT. MYERS,
FL
33908
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| Email Address
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GARRETTLACY@GMAIL.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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LACY |
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First Name |
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GARRETT AND KERRI |
| Policy # * |
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EDH5344796-01 |
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Claim #* |
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EDI965332 |
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Attorney is Applicable
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| Last Name* |
MARKER
First Name *
SHAUN
Initial
J
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| Street Address* |
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ONE NORTH CLEMATIS STREET, SUITE 510 |
| City, State Zip* |
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WEST PALM BEACH
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FL
33401
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| Email Address * |
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SMARKER@MERLINLAWGROUP.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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EDISON 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 12482 |
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| Name of individual responsible for violation (if any):*
OFFICERS, SUPERVISORS, AND OR MANAGEMENT OF EDISON INSURANCE COMPANY; INCLUDING ALL CLAIMS REPRESENTATIVES, ADJUSTERS, LOSS CONSULTANTS, ENGINEERS, AND EXPERTS, AND RICK PERICLES.
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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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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)(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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| 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.
Building coverage provisions; additional coverages; duties in event of loss policy provisions; all terms and conditions of Section I of the insurance policy; the insurance policy's definition section; the insurance policy's exclusion of coverage provisions; loss payment policy provision; loss settlement provision; the declarations page; we will adjust all losses with you.
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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. Edison Insurance Company, (“Edison”), has breached this duty by its handling of the Insureds, Garrett Lacy and Kerri Lacy’s Claim of Loss (Claim Number EDI965332; D.O.L. 09/28/2022).
Edison has failed and/or refused to thoroughly, accurately, and completely investigate and evaluate the Insureds’ insurance claim for damages.
On or about September 28, 2022, the Insureds submitted a claim to Edison for damages sustained as a result of Hurricane Ian.
We have identified the following instances of bad faith conduct on the part of your company:
• Refusing to pay for necessary repairs and attempting to coerce us into accepting a lower settlement amount by failing to properly consider all applicable statutes and building code requirements both at the state and local level.
• Purposefully minimizing the value of the claim by using biased estimating software/pricing and low-balling the cost of repairs. Specifically, estimations and repair costs have been purposefully devalued to the benefit of the insurance company despite knowledge that these costs are woefully deficient.
• Implementing a claim handling process geared solely to the minimization of roof related damages. Specifically, taking a hardline stance on denial of the claim and denial of a roof replacement regardless of evidence supporting the need for the latter. This scheme is meant solely to benefit the carrier while hindering the insured from obtaining just compensation for the loss.
• Failure to perform an adequate and complete inspection of the subject property and/or a complete investigation of all damages attributable to wind from Hurricane Ian, include obvious and apparent damages to the roof related to wind from Hurricane Ian.
• Misrepresenting to the Insureds that there was “no covered peril related damage to the exterior” of the property. See correspondence from Edison to Insureds dated 10-10-24.
• Misrepresenting to the Insureds that there was “no peril created opening.” See correspondence from Edison to Insureds dated 10-10-24.
• Misrepresenting that the roofing system is “failing due to wear, tear and deterioration”, when there was in fact obvious and/or apparent damage to the roof as a result of wind from Hurricane Ian. See correspondence from Edison to Insureds dated 10-10-24.
These actions on the part of your company are unacceptable, and are in violation of our insurance policy and the duty of good faith and fair dealing that Edison 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, notwithstanding the Insureds’ pleas otherwise, Edison has continued to refuse to acknowledge its obligation to tender all insurance proceed monies due and owing the Insureds or assist the Insureds in mitigation of the damages.
The insurer has failed and refused to acknowledge coverage and restore the Insureds to their pre-loss condition. Edison has sufficient information upon which to evaluate the Insureds’ claim for damages, and certainly has been provided with an independent means by which to determine the amount of loss.
The Insureds have otherwise fully complied with the insurer's requests for post-loss compliance. Edison has not properly paid all of the covered damages. These actions by Edison occur with such frequency to indicate a general business practice of the company.
The Insureds have complied with the policy of insurance and Florida law, and Edison continues to wrongfully refuse to tender the insurance proceeds that are due and owing the Insureds. The concept of insurance is the granting of timely and prompt indemnity or security against a contingent loss. Florida statute 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 Insureds may be put back into the position they were in prior to the loss as quickly as possible. Edison breached this duty.
The Insureds were and still are forced to expend out of pocket monies to submit the insurance claim to force Edison to honor its obligations under the insurance policy to pay all the insurance proceeds due and owing them. Edison has clearly displayed bad faith in its handling, processing, and wrongful delay of this claim. The Insureds merely request that Edison "adjust the loss" with them in accordance with the policy of insurance for which Edison has accepted a premium, and in accordance with Florida law. Edison’s conduct has been reckless and unfair to its Insureds and has caused and continues to cause additional damages.
We demand that Edison immediately take steps to rectify the situation and handle 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 Edison's bad faith conduct, including but not limited to, fees and costs related to the retention of personnel/counsel required to challenge Edison’s improper handling of this claim. [As of this moment, the damages found and evaluated by the insured(s) value at minimum $154,890.09, and we request payment in that sum as a curative measure to the conduct described herein.]
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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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