Filing Number: 803166
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| Filing Accepted: 1/23/2025 |
| Last/Business Name
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311 S. MISSOURI AVE LLC
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First Name |
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| Street Address
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311 SOUTH MISSOURI AVENUE |
| City, State Zip
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CLEARWATER,
FL
33756
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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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311 S. MISSOURI AVE LLC |
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First Name |
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CHRISTOPHER |
| Policy # * |
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VBA95065900 |
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Claim #* |
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7030202541 |
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Attorney is Applicable
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| Last Name* |
REEVES
First Name *
NICHOLAS
Initial
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| Street Address* |
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4000 HOLLYWOOD BLVD, SUITE 685-S |
| City, State Zip* |
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HOLLYWOOD
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FL
33021
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| Email Address * |
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NREEVES@CASSEL.LAW |
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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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COVINGTON SPECIALTY 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 13027 |
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| Name of individual responsible for violation (if any):*
JODY OLFERS AND ALL OTHER ADJUSTERS, SUPERVISORS, MANAGEMENT AND INDIVIDUALS ASSOCIATED WITH OR RETAINED BY COVINGTON SPECIALTY INSURANCE COMPANY INVOLVED IN THIS CLAIM.
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| Type of Insurance
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Commercial Property & Casualty
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| Reason for Notice
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Claim Denial
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Unfair Trade Practice
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Other
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Violation of Adjusters' Ethical Requirements
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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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| 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)(d) |
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Denying claims without conducting reasonable investigations based upon available information.
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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 violations asserted herein regarding Covington Specialty Insurance Company's bad faith actions are based heavily on the facts and circumstances asserted in the below section designated for same as well as violations of the portions of Florida Insurance Code and Florida Administrative Code upon which the bad faith statutes contained within Sections 624.155 & 626.9541, Florida Statutes, are based.
With that said, the following policy language is relevant to Covington Specialty Insurance Company's statutory violations and bad faith conduct:
A. Coverage
We will pay for direct physical loss of or damage to
Covered Property at the premises described in the
Declarations caused by or resulting from any
Covered Cause of Loss.
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3. Covered Causes Of Loss
See applicable Causes Of Loss form as shown
in the Declarations.
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A. Covered Causes Of Loss
When Special is shown in the Declarations,
Covered Causes of Loss means direct physical
loss unless the loss is excluded or limited in this
policy.
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j. Rain, snow, ice or sleet to personal
property in the open.
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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.
Form DFS-10-363, Rev. 10/14/2008, contains a field for the insured to include its email address. Prior to filing the CRN, said form contains an instruction that, in the event the insured does not with for certain information to become part of the public record, the insured must simply include the term “WITHHELD” to satisfy the filing requirement. This is further established through the following statement with appears on Civil Remedy Notices which have been filed:
Warning! Information submitted as part of this civil remedy notice is a public record. Data entered into this form will be displayed on the DFS website for public review. Please DO NOT enter Social Security Numbers, personal medical information, personal financial information or any other information you do not want available for public review.
As any information contained herein becomes part of the public record, the insured has withheld its email address so as not to make same available for public review and indicated same accordingly. Furthermore, as the insured is represented by counsel, it would be improper for any representative of Covington Specialty Insurance Company to contact the insured directly for any reason utilizing its email address and, as such, the information is neither material to Covington Specialty Insurance Company’s ability to correct the violations contained herein nor required by the Department of Financial Services. Covington Specialty Insurance Company should direct all follow-up correspondences to the attorney listed above.
Furthermore, as the above section requesting people with knowledge as to the allegations in the instant CRN often gets cut off, the following are those responsible for the violations alleged herein:
Jody Olfers and all other adjusters, supervisors, management and individuals associated with or retained by Covington Specialty Insurance Company involved in this claim.
The facts and circumstances giving rise to the insurer's violation as the insured understands them at this time:
311 S. Missouri Ave LLC (hereinafter the “insured”) purchased an all-risk property insurance policy, policy number VBA95065900 (hereinafter the “Subject Policy”) from Covington Specialty Insurance Company (hereinafter “Covington”) which, at all times material hereto, provided property insurance for the property located at 311 South Missouri Avenue, Clearwater, FL 33756 (hereinafter the “Subject Property”).
On or about October 9, 2024, a hurricane caused direct physical loss and resultant ensuing damages to the Subject Property.
The insured timely notified Covington of the loss. Covington assigned claim number 7030202541 to the loss (hereinafter the "claim") and assigned adjustment of the claim to Engle Martin who, in turn, assigned Jody Olfers a National General Adjuster with Engle Martin employed by Covington, to perform an inspection of the Subject Property.
On October 19, 2024, the carrier inspected the Subject Property and observed the following damages sustained on October 9, 2024, during Hurricane Milton: interior water damage in nine office and storage room that are located on the south elevation of the property; water damage to the laminate flooring and conference table in the conference room; and water damage to the ceiling tiles in the copy room and kitchen.
On November 13, 2024, almost one month later, the carrier sent a letter to the insured denying coverage for the loss in its entirety. The carrier’s coverage determination was based on the conclusion that there were no observed openings in the exterior wall or roof that would have allowed the water to enter the inside of the building. Despite failing to observe any openings in the roof or walls that would have allowed the water to intrude causing the damage, the carrier incorrectly determined that the water was able to enter the building as a result of surface/flood water, faulty installation of the solar tubular skylights, faulty maintenance of the gap between the exterior wall of the adjacent building, faulty maintenance and repair of the roof surface and air conditioning units along with wind-driven rain.
Quite clearly, there were openings in the wall and roof that allowed water to enter the interior of the building during Hurricane Milton, ipso facto causing damage that was not there before the storm. Just because the carrier’s representative, Jody Olfers, failed to observe and or locate the openings, does not mean they did not exist during the storm. Furthermore, the subject, all risk, insurance policy only explicitly excludes damage caused by or resulting from “[r]ain, snow, ice or sleet to personal property in the open” which is not at issue in the subject loss. Because the carrier failed to properly investigate this claim, including retention of qualified personnel to determine the actual cause of the observed water intrusion from Hurricane Milton, as well as accurately applying the facts of the loss to the provisions of the subject policy, the subject claim has not been investigated and adjusted in good faith and the insured has suffered damages.
The insured has been left with no choice but to hire an attorney in order to file a notice of intent to initiate litigation subject to Fla. Stat. § 627.70152. Based on the documentation previously submitted, Covington could have reversed its coverage position and afforded coverage in line with the terms and conditions of the Subject Policy and governing Florida law or, at a minimum, requested a further inspection in order to attempt to find coverage by viewing the circumstances in the light most favorable to the insured; instead, Covington chose to sit back and wait before Covington ever thought to act in a manner inconsistent with their own self-interest, forcing the insured into hiring an attorney, thereby coming further out of pocket and leaving less of the outstanding due and owing insurance proceeds for actual repairs. This delay in claims adjustment constitutes a pattern of de facto bad faith conduct.
Through its actions/inactions, subject to the facts and circumstances understood at this time as outlined herein, Covington has violated the following sections of Florida Statutes:
§624.155(1)(b)(1)
Not attempting in good faith to settle claims when, under all circumstances, it could have and should have done so, had it acted fairly and honestly toward its Insured and with due regard.
§626.9541(1)(i)(3)(a)
Failing to adopt and implement standards for the proper investigation of claims;
§626.9541(1)(i)(3)(b)
Misrepresenting pertinent facts or insurance policy provisions relating to coverages at issue;
§626.9541(1)(i)(3)(d)
Denying claims without conducting reasonable investigations based upon available information;
Additionally, through its actions/inactions, subject to the facts and circumstances understood at this time as outlined herein, Covington has failed to comply with the following sections of Florida Administrative Code:
69B-220.201(3)(b)(2)
An adjuster shall adjust all claims strictly in accordance with the insurance contract.
69B-220.201(3)(c)
An adjuster shall not approach investigations, adjustments, and settlements in a manner prejudicial to the insured.
69B-220.201(3)(d)
An adjuster shall make truthful and unbiased reports of the facts after making a complete investigation.
69B-220.201(3)(f)
An adjuster, upon undertaking the handling of a claim, shall act with dispatch and due diligence in achieving a proper disposition of the claim.
69B-220.201(3)(k)
An adjuster shall not undertake the adjustment of any claim concerning which the adjuster is not currently competent and knowledgeable as to the terms and conditions of the insurance coverage, or which otherwise exceeds the adjuster’s current expertise.
As a direct result of Covington's actions, the insured has sustained irreparable harm. Upon information and belief, the aforementioned actions complained of herein, among others, are effectuated by Covington so often as to constitute a general business practice evidencing a motive to enhance Covington's profits and cause a detrimental effect to its policyholders. Covington clearly failed to adopt and implement standards for the proper investigations of claims. As a direct and proximate result of Covington's handling of the claim, the insured sustained extra-contractual damages, including, but not limited to, attorneys’ fees and costs. Covington's implemented claims programs and practices that were improper which directly resulted in additional losses to its insured. Covington, as part of its routine business pattern and practices, employs outcome-oriented adjusters/vendors/experts who purposely looked for ways to minimize coverage instead of affording coverage to its policyholders. In contrast to the legislative intent which motivated the enumeration of an insurance adjuster’s responsibilities outlined in the Florida Administrative Code, the insured were not afforded the professional duties entrusted and imposed on Covington by the Public Trust. The outcome-oriented claim adjustment practices undertaken by Covington led to Covington's failure to adequately adjust the Claim.
This notice is given in order to perfect the right to pursue the civil remedy authorized by Section 624.155, Florida Statutes, should Covington fail to cure the violations set forth in this Civil Remedy Notice within the given cure period. In order to cure the defects outlined in this Civil Remedy Notice, Covington must act as follows: immediately deliver payment of all insurance proceeds due and owing to the insured which would reasonably place the Subject Property back in its pre-loss condition or, alternatively, if appraisal is or has been requested, complete the appraisal process and deliver payment of the executed award; and keep the claim open for the adjustment of any supplemental claim and payment of any as of yet unincurred costs. If Covington disagrees with the extent of the cure requested or asserts that the payment of any of the above cure categories may not be required, Covington should cure to the extent it believes it must under the Subject Policy and governing laws to correct the allegations of bad faith contained herein. While it is not being requested as a cure for the bad faith alleged herein, the insured remains willing to entertain any reasonable counteroffer of settlement.
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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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