Filing Number: 798017
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| Filing Accepted: 12/23/2024 |
| Last/Business Name
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| Street Address
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4723 TRAVERTINE DR |
| City, State Zip
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TAMPA,
FL
33615
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| Email Address
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LL@WEKLAW.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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DURAN |
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First Name |
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RAFAEL |
| Policy # * |
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HCPC-HO3-501693-3 |
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Claim #* |
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931002 |
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Attorney is Applicable
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| Last Name* |
LIEB
First Name *
LORA
Initial
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| Street Address* |
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800 E BROWARD BLVD #510 |
| City, State Zip* |
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FORT LAUDERDALE
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FLORIDA
33301
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| Email Address * |
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LL@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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HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.
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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 12944 |
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| Name of individual responsible for violation (if any):*
FRANTZ G. JONASSAINT
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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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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)(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.
Homeowners Choice Property & Casualty Insurance Company
Homeowners HO-3 Policy Declarations – Renewal
Agreement
We will provide the insurance described in this policy in return for the premium and compliance with all applicable
provisions of this policy.
Definitions
6. "Insured location" means:
a. The "residence premises";
7. "Occurrence" means an accident, including
continuous or repeated exposure to substantially
the same general harmful conditions, which
results, during the policy period, in:
a. "Bodily injury"; or
b. "Property damage".
11. "Property damage" means physical injury to,
destruction of, or loss of use of tangible property
SECTION I – PROPERTY COVERAGES
COVERAGE A – Dwelling
We cover:
1. The dwelling on the "residence premises" shown
in the Declarations, including attached structures
and attached wall-to-wall carpeting if damage to
the dwelling is caused by a covered loss;
SECTION I – PERILS INSURED AGAINST
COVERAGE A – DWELLING and COVERAGE B –
OTHER STRUCTURES
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.
e. Accidental discharge or overflow of water or
steam; unless loss to property covered under
Coverage A or B results from an accidental
discharge or overflow of water or steam from
within a plumbing, heating, air conditioning or
automatic fire protective sprinkler system or
household appliance on the "residence
premises".
Loss to property covered under Coverage A
or B that results from an accidental discharge
or overflow of water or steam from within a
plumbing, heating, air conditioning or
automatic fire protective sprinkler system or
household appliance on the “residence
premises” includes the cost to tear out and
repair only that part of a building, or only that
part of an other structure, on the "residence
premises", necessary to access and repair the
system or appliance.
The cost that we will pay for the tear out and
repair of the part or portion of the building or
other structure covered under Coverage A or
B as specified above is limited to only that part
or portion of the covered building or other
structure which is necessary to provide
access to the part or portion of the system or
appliance that caused the covered loss,
whether the system or appliance, or any part
or portion of the system or appliance, is
repairable or not.
In no event will we pay for the repair or the
replacement of the system or appliance that
caused the covered loss.
Section I – Conditions
10. 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.
Prior to September 30, 2022, Homeowners Choice Property & Casualty Insurance Company (hereinafter “Homeowners”) sold an insurance policy, identified by policy number HCPC-HO3-501693-3, to Rafael and Alda Duran for their home located 4723 Travertine Dr., Tampa, FL 33615 (hereinafter “Home”). Homeowners sold the Durans an H03 policy with broad coverages, including but not limited to coverage for water damage. On or about September 30, 2022, while the subject policy was in full force and effect a kitchen water leak caused substantial damage to the Home, which resulted in claim no. 931002 (hereinafter “Loss”).
After receiving prompt notice of the loss, Homeowners inspected the home and photographed the property. As a result of the review, Homeowners issued its claim decision for the loss, providing $3,498.89 in payment.
At the same time, Mr. and Mrs. Duran, through their Public Adjuster ICA, investigated and adjusted the loss, determining a value of the Loss under Coverages A at $20,629.87. Additionally, the Durans have incurred costs mitigating the damage in the property, totaling $6,300.91.
Homeowners adjustment of the loss was not a fair or honest adjustment of the loss. Homeowners’ adjustment of the loss was intended to provide the illusion of a fair adjustment, to avoid full payment to the Durans. Homeowners knows or should know that its adjustment of the Loss is not a fair or honest assessment of the Loss, yet Homeowners has refused to attempt to settle the Loss with the Durans and their representatives. Homeowners has made the practice of denying and under valuing a claim in order to leverage more favorable claim settlements and to avoid having to fairly and honestly adjust and pay for losses.
Further, Homeowners failed to assign an unbiased adjusting team to handle the loss. Homeowners does not have appropriate standards in place to be able to investigate claims such as the Loss at the Duran’s Home. Homeowners’ failure to have appropriate standards, led to the assignment of an inadequate inspection team, which ultimately led to Homeowners’ unfair and dishonest adjustment of the Loss.
In total, and as exhibited above, Homeowners has implemented a strategy and approach to the Loss that is unfair, and Homeowners is unfairly attempting to settle the Loss. In order to remedy the above referenced violations, Homeowners must promptly fairly and honestly assess or reassess the Loss so that it may engage in good faith settlement negotiations with the Durans and their 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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