Filing Number: 797011
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| Filing Accepted: 12/16/2024 |
| Last/Business Name
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SANTIAGO
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First Name |
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LUIS AND JENNIFER |
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| Street Address
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1509 W NOON PLACE |
| City, State Zip
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CITRUS SPRINGS,
FL
34434
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| Email Address
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JENNYLS24@AOL.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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SANTIAGO |
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First Name |
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LUIS AND JENNIFER |
| Policy # * |
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80-BA-T091-8 |
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Claim #* |
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59-73V1-88M |
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Attorney is Applicable
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| Last Name* |
HAMMACK-BARBER
First Name *
TAMMY
Initial
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| Street Address* |
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2300 MAITLAND CENTER PARKWAY STE. 106 |
| City, State Zip* |
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MAITLAND
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FLORIDA
32751
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| Email Address * |
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THAMMACK@SERRANOCAGAN.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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STATE FARM FLORIDA 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 10739 |
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| Name of individual responsible for violation (if any):*
JAREN ROUNDTREE
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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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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)(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)(b) |
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Misrepresenting pertinent facts or insurance policy provisions relating to coverages at issue.
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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.
SECTION I – LOSSES INSURED
COVERAGE A – DWELLING We will pay for accidental direct physical loss to the property described in Coverage A, unless the loss is excluded or limited in SECTION I – LOSSES NOT INSURED or otherwise excluded or limited in this policy. However, loss does not include and we will not pay for, any diminution in value.
SECTION I – LOSSES NOT INSURED
1. We will not pay for any loss to the property described in Coverage A that consists of, or is directly and immediately caused by, one or more of the perils listed in items a. through m. below, regardless of whether the loss occurs abruptly or gradually, involves isolated or widespread damage, arises from natural or external forces, or occurs as a result of any combination of these:
g. wear, tear, decay, marring, scratching, deterioration, inherent vice, latent defect, or mechanical breakdown; h. corrosion, electrolysis, or rust; i. wet or dry rot; k. settling, cracking, shrinking, bulging, or expansion of pavements, patios, foundations (including slabs, basement walls, crawl space walls, and footings), walls, floors, roofs, or ceilings; However, we will pay for any resulting loss from items a. through l. unless the resulting loss is itself a Loss Not Insured as described in this Section. 3. We will not pay for, under any part of this policy, any loss consisting of one or more of the items below. Further, we will not pay for any loss described in paragraphs 1. and 2. immediately above regardless of whether one or more of the following: (a) directly or indirectly cause, contribute to, or aggravate the loss; or (b) occur before, at the same time, or after the loss or any other cause of the loss: a. conduct, act, failure to act, or decision of any person, group, organization, or governmental body whether intentional, wrongful, negligent, or without fault; b. defect, weakness, inadequacy, fault, or unsoundness in: (1) planning, zoning, development, surveying, or siting; (2) design, specifications, workmanship, repair, construction, renovation, remodeling, grading, or compaction; (3) materials used in repair, construction, renovation, remodeling, grading, or compaction; or (4) maintenance; of any property (including land, structures, or improvements of any kind) whether on or off the residence premises; or c. weather conditions. However, we will pay for any resulting loss from items 3.a., 3.b., and 3.c. unless the resulting loss is itself a Loss Not Insured as described in this Section.
8. Loss payment. We will adjust all losses with you, We will pay you unless some other person is named in the policy or is legally entitled to receive payment.
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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.
Luis Santiago and Jennifer Louise Santiago submitted a claim for damage to their home to State Farm Florida Insurance Company, after their home sustained a covered direct physical loss due to a storm. Prior to the loss, Insurer issued a policy of insurance, policy number 80-BA-T091-8, which afforded coverage for the aforementioned property for losses caused by the covered peril. The policy was in full force and effect when the loss occurred. After sending an adjuster out to inspect, State Farm in its coverage letter acknowledged that they found damage to the home but claimed that this damage is not covered under the policy, and applied inapplicable exclusions. In doing so it has misrepresented pertinent facts or insurance policy provisions relating to coverages at issue in violation of Fl. Stat. 626.9541(1)(i)(3)(b) and issued in writing a material misrepresentation to the insureds 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 in violation of Fl. Stat. 626.9541(1)(i)(2). State Farm fully denied the claim and failed to make any payment. Due to this Insureds had no choice but to retain legal representation, as the Insurer refused to pay the full amount due and owed to its Insureds. Insurer has continually failed to negotiate this claim with Insureds’ attorney and/or failed to provide a satisfactory settlement offer to resolve the subject claim. This has severely harmed the Insureds’ ability to remedy their losses and continue with repairs to the property. The only purpose for Insurer's refusal to negotiate the claim is to increase profits and harm their insureds. This is either done intentionally as a pattern and practice of Insurer to deny coverage and harm their insureds, or Insurer has failed to properly train and supervise its adjusters to the harm and detriment of their insureds. This pattern and practice is done for only one reason, which again, is to maximize profits and harm their insureds. Insurer has violated the following statutory provisions: 624.155(1)(b)(1): 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.
Insurer can cure its bad faith conduct by: 1) accepting the insureds’ claim as compensable, and agreeing to pay the claim in accordance with its loss settlement provision prior to the expiration of the cure period, or 2) reaching an amicable settlement of the pending claim prior to the expiration of the cure period, or 3) tender payment in the amount of $54,318.25, less any applicable deductible to the Insureds to complete the repairs for the Insureds’ property. By doing any one of these three things, the insurer will cure its bad faith in this case, and extinguish any and all of its liability for all bad faith damages which could be sought pursuant to this Civil Remedy Notice.
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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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