Filing Number: 804584
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| Filing Accepted: 1/31/2025 |
| Last/Business Name
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| Street Address
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3918 MADRID CT |
| City, State Zip
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PUNTA GORDA,
FL
33950
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| Email Address
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DONJWARGO@GMAIL.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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WARGO |
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First Name |
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DONALD |
| Policy # * |
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SJ31140109 |
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Claim #* |
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SL22209141 |
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Attorney is Applicable
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| Last Name* |
PRICE
First Name *
BILL
Initial
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| Street Address* |
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2633 WEST 23RD STREET |
| City, State Zip* |
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PANAMA CITY
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FLORIDA
32405
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| Email Address * |
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RECEPTION@THEPRICELAWFIRM.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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SLIDE 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 17227 |
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| Name of individual responsible for violation (if any):*
COURTNEY FORD
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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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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)(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)(i) |
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Failing to pay personal injury protection insurance claims within the time periods required by s. 627.736(4)(b).
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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.
C. Loss Settlement.
In Form HO 00 03:
Paragraph C.1.d. is deleted.
of
The first paragraph of C.2.d is replaced by the
following:
We will initially pay the actual cash value of the
loss, less any applicable deductible. We will then
pay any remaining amounts necessary to perform
the actual repair or replacement as work is
performed and expenses are incurred subject to
C.2.a. and b.. If a total loss occurs, we will pay
the full replacement cost without reservation or
holdback of any depreciation in value.
In form HO 00 06, Loss Settlement paragraph 2. is
replaced by the following:
2. Coverage A – Dwelling:
Is provided at the actual cost to repair or
replace.
We will initially pay the actual cash value of
the loss, less any applicable deductible. We
will
then pay any remaining amounts
necessary to perform the actual repair or
replacement as work is performed and
expenses are incurred. If a total loss occurs
we will pay the full replacement cost without
reservation or holdback of any depreciation in
value.
In this provision the terms “repaired” or
“replaced” do not include the increased cost
incurred to comply with enforcement of any
ordinance or law, except to the extent that
coverage for these increased costs is
provided in D.10. Ordinance Or Law under
Section I – Property Coverages.
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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. Slide Insurance Company ("Slide") has breached the public's trust by its adjustment of Donald and Lisa Wargo ("Insured's") claim of loss.
Slide has failed to create and implement adequate guidelines for the proper investigation and evaluation of claims, claims handling, and for training and supervision of employees resulting in statutory violations as set forth above. Slide has failed and/or refused to thoroughly, accurately, and completely investigate and evaluate the insured's insurance claim for damages based on all information available and has instead ignored relevant and obvious information that evidences that additional payment is required under the policy.
The insureds are Donald and Lisa Wargo whose property at 3918 Madrid Court, Punta Gorda, FL was severely damaged as a result of Hurricane Ian on or about September 28, 2022. Damages caused by high winds, falling trees, and ensuing water losses resulting therefrom are undisputedly covered under the Wargo's policy.
The policyholders timely notified Slide of the damages and opened a claim pursuant to the terms and conditions of the insurance policy. However, they were unable to reach a satisfactory settlement with Slide on their own.
In December of 2022, the Wargo’s were forced to retain Bill Price, PA as they did not receive adequate communication or correspondence from Slide Insurance, who refused to settle or reasonably adjust the claim. On or about December 20, 2020, Stacy Pippin with Bill Price, PA emailed a letter of representation to Slide. A certified copy of the policy in place at the time of Hurricane Ian was requested at that time. A copy of same was received on April 3, 2023 from Benjamin Temple.
On March 28, 2023, Ms. Pippin emailed a demand packet to Slideclaims. A Sworn Statement in Proof of Loss was emailed to Slideclaims at the same time.
On April 6, 2023, Ms. Pippin received an email from Benjamin Temple with an offer of New Money $91,591.33. On May 24, 2023, Ms. Pippin sent over estimates received from Mr. Wargo that exceeded the offer. On June 22, 2023, Ms. Pippins sent over additional estimates received from Mr. Wargo. On July 10, 2023, Ms. Pippin received an email stating Phong Tran had replaced Benjamin Temple as the new desk adjuster. As of July 31, 2023 there had been no response from Mr. Tran regarding the estimates. At this time, Ms. Pippin filed Intent to Initiate Litigation.
Since the beginning of the claim, Slide has engaged in a pattern of delay and denial that has harmed its insureds. Slide has not settled the claim when it could and should have done so had it acted fairly and honestly and has failed to consider the information and evidence that clearly shows payment is owed.
Slide has misrepresented pertinent facts and insurance policy provisions and has continually failed tp provide a reasonable explanation of the facts and circumstances supporting its refusal to pay and/or settle the claim. These misrepresentations include, but are not limited to, 1) that it performed a full and fair investigation with qualified professionals, 2) that its adjusters and representatives were fair and impartial, 3) that it does not owe more money for additional living expenses, and 4) no other amounts are owed under the policy.
Slide has also failed to respond timely and appropriately to communications from its insured and its representatives. These failures include, but are not limited to, 1) its refusal to make payment upon the policyholder's request, 2) its refusal to retain consultants and have the property inspected in a timely manner, 3) refusing to provide documentation and information requested by the policyholder, refusing to consider the information and documentation provided by the policyholder and 4) refusing to return calls and/or respond to communications from the policyholders and/or its representatives.
Slide has failed to promptly provide the policyholder with a reasonable written explanation as to why it continues to delay and refuse additional payment on the claim. In fact, it has provided no explanation as to why it has not made additional payments.
Slide has failed to promptly notify the policyholder of any additional information necessary to process the claim. Instead, Slide has used the possibility of necessary additional information to further delay the claim. The actions and violations noted above were either done intentionally or as the result of Slide's failure to adopt and implement the proper standards of the investigation and adjustments of claims.
Overall, Slide's investigation and handling of the claim was inadequate and contrary to its obligations under the insurance policy and Florida law.
The insured has done everything legally requested by Slide to date. To cure the violations set forth in this Civil Remedy Notice, Slide must now agree acknowledge its duties and obligations under the law in adjusting its insured's claim, and tender rightfully owed insurance benefits to return the insured to its pre-loss condition.
The insured were and still forced to expends out of pocket monies to submit the insurance claim, e.g., retaining experts, and legal counsel, to force Slide to honor its obligations under the insurance policy and to pay all the insurance proceeds due and owing the insureds.
Slide has refused and/or failed to tender all insurance proceeds to the insureds upon demand. Slide's refusal and/or failure to settle the insurance claim when under all circumstances it could have and should have done so had it acted fairly and honestly towards the insureds is wrongful conduct. The insureds contend that Slide has financially benefited from its improper withholding of due and owing insurance proceeds by profiting from the "float".
Furthermore, the insureds contend that Slide's adjusters and/or representatives financially benefit by such unfair trade practices as a part of their general business practices. The insureds contend that Slide pressures its agents and/or representatives, through financial incentives, to look for reasons to underpay or deny claims instead of fulfilling their obligations to do the opposite as a general business practice.
This notice is given in order to perfect the right to pursue the civil remedy authorized by Florida Statute, including any and all bad faith/extra contractual, should Slide fail to cure the violations set forth in this Civil Remedy Notice within the given cure period. The insureds also intend to seek punitive damages against Slide as it appears that Slide violations occur with such frequency as to evidence a general business practice and the violations were willful, wanton and malicious and were in reckless disregard for the rights of the insureds.
While no specific "cure amount" is required for this Civil Remedy Notice to be valid, the insureds will consider the allegations contained herein "cured" if Slide:
(1) Immediately tenders the sums demanded, minus prior payments, for all coverages, without any requirement for a release; and
(2) Immediately tenders interest at the statutory rate on these amounts from the date of loss until the date of payment, without any requirement for a release.
While the insureds are requesting that this be done to "cure" this Civil Remedy Notice, the insureds are willing to consider, and may accept, any reasonable counteroffer. Therefore, if Slide disagrees with the requests, the insureds requests that Slide make a counteroffer before the end of the "cure period" and provide supporting documentation for any such offer so that they may understand any discrepancies that could exist regarding the estimates.
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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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