Filing Number: 807731
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| Filing Accepted: 2/20/2025 |
| Last/Business Name
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STOKES
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First Name |
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RICHARD |
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| Street Address
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3627 SW 15TH STREET |
| City, State Zip
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GAINESVILLE,
FL
32608
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| Email Address
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RASTOKES49@GMAIL.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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STOKES |
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First Name |
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RICHARD |
| Policy # * |
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W013340398 |
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Claim #* |
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3300512358 |
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Attorney is Applicable
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| Last Name* |
STOCKHAM
First Name *
DONNA
Initial
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| Street Address* |
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109 S. EDISON AVENUE |
| City, State Zip* |
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TAMPA
,
FL
33606
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| Email Address * |
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DSTOCKHAM@STOCKHAMLAWGROUP.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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TOWER HILL INSURANCE EXCHANGE
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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 17179 |
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| Name of individual responsible for violation (if any):*
DARRYL SUGGS
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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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Claim Delay
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Other
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Unreasonable Investigation
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Other
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Misrepresenting pertinent facts or policy provisions
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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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| 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)(4) |
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Failing to pay undisputed amounts of partial or full benefits owed under first-party property insurance policies within 60 days after an insurer receives notice of a residential property insurance claim, determines the amounts of partial or full benefits, and agrees to coverage, unless payment of the undisputed benefits is prevented by factors beyond the control of the insurer as defined in s. 627.70131(5).
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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 – 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…
Loss Settlement. Covered property losses are settled as follows:
b. Buildings under Coverage A or B at replacement cost without deduction for depreciation, subject the following:
(4) we will initially pay at least the actual cash value of the insured loss, less any applicable deductible. We will then pay any remaining reasonable and customary amounts necessary to perform such repairs a work is performed and expenses are incurred.
If a total loss of the covered dwelling occurs, we will pay the “replacement cost” coverage without reservation or holdback of any depreciation in value, pursuant to Florida Statutes, 627.702.
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. Loss will be payable upon the earliest of:
a. 20 days after we receive your proof of loss and reach written agreement with you;
b. 60 days after we receive your proof of loss and;
(1) there is an entry of final judgment; or
(2) there is a filing of an appraisal award or a mediation settlement with us; or
c. within 90 days of receiving notice of an initial claim, supplemental claim, reopened claim for property insurance. We will pay or deny such claims, or portions thereof, unless there are factors beyond our control that would reasonably prevent payments.
Item 8. Appraisal is deleted and replaced by the following:
8. Mediation or Appraisal.
b. If you and we fail to agree on the amount of
any loss, we can demand that the amount of
the loss be set by appraisal. Our demand for
appraisal must be in writing. If we demand
appraisal:
(1) Each party must select a competent, disinterested
appraiser and notify the other
party of the appraiser’s identity within 15
days of your receipt of our written demand
for appraisal. By that same deadline,
Tower Hill and you must provide to each
other a written, itemized list of all disputes
as to the amount of loss, identifying separately
each item being disputed. The appraisal
will apply only to those disputes on
the amount of loss identified in writing by
the parties subject to paragraph (7) below.
If you dispute the amount set by
Tower Hill for an item, but do not identify
that dispute in the required list, the
amount of the loss for that item will be the
amount previously set by Tower Hill.
(2) The appraisers will then attempt to set the
amount of the loss of each item in dispute
as specified by each party. If the appraisers
agree on all items, they will jointly
submit to each party a written report of
agreement signed by them. In all instances
the written report of agreement must
be itemized and state separately the “actual
cash value”, “replacement cost”, and
if applicable, the market value of each
item submitted by the parties as set forth
in paragraph (1). A written report of
agreement that meets these requirements
will constitute the appraisal. The appraisal
will set the amount of the loss for each
properly submitted item in dispute and will
be binding upon you and us.
A written report of agreement that does
not itemize and resolve all disputes submitted
by the parties pursuant to paragraph
(1) does not constitute an appraisal
and is not binding upon you and us. In
such a case, the matter must be returned
to the appraisers for completion.
In the event the appraisers submit a written
report that includes items not submitted
pursuant to paragraph (1), such additional
items have no effect and will be disregarded.
If the written report otherwise
meets the requirement of an appraisal, it
will be binding upon you and us as to the
items properly submitted in writing by you
and us. If the written report does not otherwise
meet the requirements of an appraisal,
the matter must be returned to the
appraisers for completion.
(3) If the two appraisers fail to agree on the
submitted disputes within 20 days, unless
the period of time is extended by mutual
agreement, they will select a competent,
disinterested umpire and will submit their
differences to the umpire. If the appraisers
are unable to agree upon an umpire
within 5 days, you or we may make a written
application for a judge of a court of
record in the same state and county (or
city if the city is not within a county) where
the Described Location is located to select
an umpire.
If the umpire reaches an agreement with
one of the appraisers on all items, they
will jointly submit to each party a written
report of agreement signed by them. In all
instances the written report of agreement
must be itemized and state separately the
“actual cash value”, “replacement cost”,
and if applicable, the market value of
each item in dispute and address all disputes
submitted by the parties pursuant to
paragraph (1). A written report of agreement
that meets these requirements will
constitute the appraisal. The appraisal will
set the amount of the loss for each
properly submitted item in dispute and will
be binding upon you and us.
A written report of agreement that does
not itemize and resolve all disputes submitted
by the parties pursuant to paragraph
(1) does not constitute an appraisal
and is not binding upon you and us. In
to the appraisers and the umpire for completion.
In the event an appraiser and umpire
submit a written report that includes items
not submitted pursuant to paragraph (1),
such additional items have no effect and
will be disregarded. If the written report
otherwise meets the requirement of an
appraisal, it will be binding upon you and
us as to the items properly submitted in
writing by you and us. If the written report
does not otherwise meet the requirements
of an appraisal, the matter must be returned
to the appraisers and umpire for
completion.
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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. Tower Hill Insurance Exchange (“Tower Hill”) has breached the public’s trust by its adjustment of Richard Stokes’s (“Insured”) claim of loss. Tower Hill’s address is 7201 N.W. 11th Place, Gainesville, FL 32605.
Tower Hill 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. Tower Hill has failed and/or refused to thoroughly, accurately, and completely investigate and evaluate the Insured’s insurance claim for damages.
Tower Hill has failed to promptly settle the Insured’s insurance claim when the obligation to settle the insurance claim has become reasonably clear. To date, notwithstanding the Insured’s pleas otherwise, Tower Hill has continued to refuse to acknowledge its obligation to conduct a proper investigation, and to tender the full amount of insurance monies due and owing its Insureds under the policy.
This claim involves the Insured’s property located at 3627 SW 15th Street, Gainesville, FL 32608, which was damaged by Hurricane Helene on September 26, 2024, when a large tree fell onto the house, damaging the roof surface, roof structure, wall structure and flooring.
Tower Hill assigned the claim to an adjuster, Darryl Suggs. Adjuster Suggs provided his initial estimate and an undisputed payment of $56,215.40, and advised he would be sending an engineer, Grindley Williams, to inspect the damage.
The Insured’s Public Adjuster, Claim Concepts (“PA”), met the Grindley Williams’ engineer on site. The engineer photographed the damage and discussed with the PA all of the damage. Unfortunately, once the engineer’s report was released, the PA discovered that a large part of what was discussed with and photographed by the engineer did not make it into the engineering report.
At Adjuster Suggs’s request, the PA subsequentially met with Paul David Restoration (PDR), a General Contractor and approved vendor of Tower Hill. The PDR estimator was concerned that the damage related to the tree impact was not fully reflected in the engineer report. The estimator was also concerned as to how he was going to write his estimate, and stated that he was going to speak with Adjuster Suggs.
Unfortunately, when the PDR estimate was released, it was also missing a substantial amount of scope and damage. PDR’s estimate totals $118,105.38 (RCV).
According to the PA, following the release of the PDR estimate, Adjuster Suggs became very aggressive and stated he needed to know if the Insured agreed with this PDR estimate to “settle this loss.” In his email, Adjuster Suggs also put a three (3) day time limit on the Insured’s response.
The PA advised Adjuster Suggs that the Insured needed more time to appropriately respond, and also asked for a time to review the scope and damages with Adjuster Suggs in order to point out all of the issues and discrepancies. Adjuster Suggs refused to discuss the claim, and advised that he would be demanding appraisal per the policy if the parties could not reach an immediate agreement.
As the Insured now had an estimate from Tower Hill’s preferred vendor/GC, the PA asked Adjuster Suggs to release an undisputed payment of $60,662.99, that would reflect the difference of the PDR estimate and Tower Hill’s original estimate.
Adjuster Suggs refused to release the undisputed payment, and advised he would be demanding appraisal per the policy. He also stated that PDR’s estimate was not approved and had some non-covered scope items in it. The PA asked for clarification of what those scope items were, but has not received a response.
On February 13, 2025, Adjuster Suggs wrote to the Insured requesting appraisal, but conditioned the request with the following inappropriate conditions:
“We require that you agree, in writing, not to file a Civil Remedy Notice of Insurer Violation while the appraisal is being conducted. Should there be a disagreement on any issue that arises following the appraisal award, you may then file a Civil Remedy Notice of Insurer Violation concerning those post-appraisal award issue(s) only. If a Civil Remedy Notice…has been filed prior to this date, we require that it/they be withdrawn…and proof of same be provided to us prior to the appraisal process beginning. Finally, we require that the enclosed memorandum of appraisal be agreed upon, signed and dated by both parties.”
Adjuster Suggs then quoted the language to an apparent HO-3 Special Form policy. However, the policy in effect is actually a DP-1 Basic Form policy and its endorsements. The HO-3 policy has request language as it relates to the appraisal process, and the DP-1 has demand language, but only a demand from Tower Hill.
The Memorandum of Appraisal (which is not mentioned in the policy as being a requirement for the appraisal process) requests the Insured to sign this letter containing inaccurate misinformation.
Despite the information known to Tower Hill, Adjuster Suggs’s actions are tantamount to a misrepresentation of the Appraisal Provision of the policy and Florida law.
The Insured’s PA has submitted to Tower Hill an estimate in the amount of $260,908.16 (RCV), $249,508.28 (ACV) under Coverage A, and $9,843.97 (RCV), $9,414.09 under Coverage B, that reflects the true scope and amount of the Insured’s damage.
The concept of insurance is that the insurer will investigate and grant timely and prompt indemnity or security against a contingent loss. Florida Statute §624.02 defines “insurance” as a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. Inherent in that definition is the fact that payment must be made timely and promptly so that the Insured may mitigate his damages and be put back into the position he was in prior to the loss as quickly as possible. Tower Hill has breached this duty.
The Insured was, and still is, forced to expend out of pocket monies to submit the insurance claim, e.g., retaining an attorney, Public Adjuster, and other experts to force the Insurer to honor its obligations under the insurance policy and to pay all the insurance proceeds due and owing to him.
Tower Hill has refused and/or failed to tender all the insurance proceeds due and owing to the Insureds Tower Hill’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 Insured is wrongful conduct. Furthermore, the Insured contends that Tower Hill’s adjusters and/or representatives financially benefit from such wrongful conduct.
In Florida, the work of adjusting insurance claims engages the public trust. During the adjustment of the Insured’s claim, Tower Hill breached this duty by failing to adhere to and comply with the above referenced obligations. To cure the defects outlined above, Tower Hill must promptly tender all insurance proceeds due and owing to the Insured that would reasonably place the Insured back into his pre-loss condition, including the tender of accrued interest due and owing to the Insured.
This notice is given in order to perfect the right to pursue the civil remedy authorized by Fla. Stat. §624.155.
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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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