Filing Number: 813040
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| Filing Accepted: 3/25/2025 |
| Last/Business Name
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CAPTIVA HIDEAWAY CONDOMINIUM ASSOCIATION, INC.
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First Name |
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| Street Address
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PO BOX 850 |
| City, State Zip
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CAPTIVA,
FL
33924
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| Email Address
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GW3@FAST-RITE.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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CAPTIVA HIDEAWAY CONDOMINIUM ASSOCIATION, INC. |
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First Name |
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| Policy # * |
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FIC1-000206270 |
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Claim #* |
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050000000946 |
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Attorney is Applicable
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| Last Name* |
BOGGS
First Name *
AMY
Initial
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| Street Address* |
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4554 CENTRAL AVE, SUITE L |
| City, State Zip* |
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ST. PETERSBURG
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FLORIDA
33711
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| Email Address * |
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BOGGS-PLEADINGS@BOGGSLAWGROUP.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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FRONTLINE INSURANCE UNLIMITED 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 10074 |
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| Name of individual responsible for violation (if any):*
N/A
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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 Delay
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Claim Denial
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Unsatisfactory Settlement Offer
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Unfair Trade Practice
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Other
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Failure to Settle
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Other
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Undervalued Claim
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Other
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Underpaid Claim
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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)(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)(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.
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.
1. Covered Property
a. Building, meaning the building or structure described in the Declarations,
3. Covered Causes of Loss
See applicable Causes Of Loss Form as shown in the Declarations.
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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.
Captiva Hideaway Condominium Association, Inc. (the “Insured”) owned real property located at: 11400-11410 Old Lodge Lane, Captiva, Florida 33924 (the “Property”). On or about September 28, 2022, the Property suffered extensive damage due to Hurricane Ian. The Property was insured through Frontline Insurance Unlimited Company (“Frontline”) under Policy No. FIC1-000206270 (the “Policy”) at the time of the loss.
The Insured had ample coverage under the Policy to cover the loss. The Insured made a claim with Frontline, who assigned claim No. 05000000946 and investigated the loss. Frontline accepted coverage for the loss but has failed and refused to pay the full amount due for the Insured’s covered loss. To date, Frontline has only tendered $1,184,146.06 for this covered loss.
The Insured retained their own licensed public adjuster Kyle Herring, of Strategic Claims Consultants, for assistance with the claim and to investigate the loss. The Insured’s building damage is estimated by Mr. Herring at $1,864,378.87 ACV/ $1,866,273.18 RCV. The Insured’s damages are calculated as follows: $1,864,378.87 ACV for Building damage, less prior payments of $1,184,146.06, less the deductible of $60,000.00, for a total of $620,232.81 ACV due under building coverage.
The $620,232.81 disparity between the Insured’s damages, and Frontline’s payment of the Insured’s claim constitutes a bad faith effort by Frontline to avoid payment for the Insured’s covered loss. Frontline hopes that the Insured will settle their claim for far less than the full benefits they are owed under the Policy. In sum, Frontline has vastly underpaid the Insured’s claim and has refused to tender full benefits that the Insured is due for this covered loss under the Policy. In failing to make payment of benefits due, Frontline has also failed to investigate and settle the claim in good faith, underpaid the claim without conducting a proper investigation, and misrepresented pertinent facts pertaining to the Policy coverage.
On information and belief, Frontline has engaged in the following behaviors with such frequency that the conduct is a pattern and practice of Frontline: delay, improper adjustment of claims, under-valuation of claims, and failure to communicate with insureds.
Frontline and the Insured are parties to a valid and binding contract of insurance. This contract of insurance requires Frontline to provide benefits to the Insured in the case of a covered loss to the Property. The Insured suffered a covered loss under the Policy and has otherwise suffered damage that is not excluded under the Policy. All conditions precedent to obtaining coverage for the loss have been complied with, met, or waived. Frontline has failed and refused to pay full benefits due for the covered loss. The Insured has been damaged by Frontline’s breach of contract.
This notice is given to perfect the right to pursue the civil remedy authorized by Florida Statute, including all bad faith/extra-contractual and punitive damages, should Frontline fail to cure the violations set forth in this notice within the given cure period. To cure the defects outlined in this civil remedy notice Frontline must: (1) Provide full payment of benefits for the Insured’s claim; and (2) Tender interest for benefits due at the statutory rate dating back to reporting of the loss per Fla. Stat. §627.70131.
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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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