Filing Number: 823267
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| Filing Accepted: 5/23/2025 |
| Last/Business Name
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SEMINOLE PARK HOLDINGS LLC
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First Name |
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| Street Address
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PO BOX 1098 |
| City, State Zip
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DUNEDIN,
FL
34697
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| Email Address
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CJALLO@OUTLOOK.COM |
| Complainant Type:
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Insured |
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| Last/Business Name* |
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SEMINOLE PARK HOLDINGS LLC |
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First Name |
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| Policy # * |
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697033 |
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Claim #* |
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2401127 |
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Attorney is Applicable
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| Last Name* |
JALLO
First Name *
CHRISTOPHER
Initial
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| Street Address* |
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PO BOX 1098 |
| City, State Zip* |
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DUNEDIN
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FL
34697
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| Email Address * |
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CJALLO@OUTLOOK.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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UNDERWRITERS AT LLOYD'S, LONDON
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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 |
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| Name of individual responsible for violation (if any):*
INSURER, ALONG WITH DAVIES CLAIMS NORTH AMERICA, INSURER'S THIRD PARTY ADMINISTRATOR
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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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Claim Delay
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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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| 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)(f) |
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Failing to promptly provide a reasonable explanation in writing to the insured of the basis in the insurance policy, in relation to the facts or applicable law, for denial of a claim or for the offer of a compromise settlement.
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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 specific policy language relevant to the violations includes, but is not limited to:
The “Building and Personal Property Coverage Form” CP 00 10 04 02, including: (a) Section A.1. – Coverage for Building; (b) Section A.4.b. – Debris Removal, Mitigation and Preservation of Property; (c) Section E – Loss Conditions, Duties in the Event of Loss or Damage, Loss Payment; and (e) Section F. – Coinsurance.
The “Causes of Loss – Special Form” CP 10 30 04 02, including: (a) Section G.2. – Specified Causes of Loss (including Windstorm).
Any endorsements referenced or attached, including but not limited to: (a) BW33558 10-16 – Exclusion – Existing Damage.
The above provisions collectively govern coverage for the Insured’s property, prompt loss adjustment, valuation and payment obligations, mitigation reimbursement, and limitations on coinsurance penalties. Insurer’s failure to properly apply these provisions has resulted in delay, underpayment, and bad faith conduct.
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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.
This Civil Remedy Notice is filed by Seminole Park Holdings LLC (“Insured”) against Certain Underwriters at Lloyd’s, London (“Insurer”) for statutory bad faith and improper handling of a covered commercial property insurance claim (Claim No. 2401127) by Insurer, including its third party administrator, Davies Claims North America, arising from Hurricane Milton on October 9, 2024. The Insured timely reported the loss to the Insurer, who ultimately has admitted that the damage to the Insured’s property—including the upper and lower roof systems—was caused by a Covered Cause of Loss (windstorm). Despite this, the Insurer has improperly delayed, minimized, and underpaid the claim.
The Insured submitted emergency mitigation invoices and photographic evidence of roof damage and ongoing water intrusion, retained a licensed roofing contractor, and cooperated fully with the Insurer and its adjusters/administrators. The Insurer’s own engineer and adjuster confirmed visible wind damage. However, the Insurer has paid only $88,616.62 to date—split into multiple checks, delayed by over 150 days—and has relied on an undisclosed and improper co-insurance penalty based on an inflated valuation that included tenant property and improvements not covered under the Insured’s policy. The Insurer has attempted to impose a penalty based on either a retroactively created valuation or valuation it claims it was aware of at policy inception but not disclosed to Insured. Regardless, said valuation admittedly includes tenant-owned equipment not directly covered under the Policy or including as part of this Claim.
Further, the Insurer delayed scheduling its engineer's inspection, including reinspection of the additional leaks for weeks despite being on notice of new leaks since at least February 24, 2025. When an inspection was finally offered in April, the Insured noted that such delay was unacceptable and would only exacerbate damages. The Insurer’s response was to continue to ignore, fail to respond and then issue an updated Reservation of Rights letter dated April 23, 2025, falsely claiming that the Insured had failed to cooperate. This is demonstrably false: the Insured provided access, documentation, ongoing photos, roofing contact information, mitigation invoices, and responsive communications—while the Insurer failed to respond substantively to the March 18, 2025 demand or pay approved mitigation costs totaling now over $24,000.
The Insurer’s conduct violates Florida Statutes §§ 624.155(1)(b)(1), 624.155(1)(b)(3), 626.9541(1)(i)(2), and 626.9541(1)(i)(3)(a), (b), (c), (d), and (f). The Insurer failed to adopt and implement proper claims investigation standards, misrepresented pertinent policy terms and facts, failed to promptly communicate and settle the claim, and failed to issue timely payment despite clear liability.
The Insured has made every reasonable attempt to cooperate, mitigate damages, and resolve this matter in good faith. The Insurer has not acted with due regard for the Insured’s interests. As a result, damages continue to accrue, including additional water intrusion, mitigation costs, and legal fees.
The Insured is prepared to resolve this matter without litigation if the Insurer promptly issues full payment of all amounts owed under the Policy, including roof replacement costs, emergency mitigation expenses, and attorney’s fees and costs. Otherwise, the Insured intends to proceed with legal action, including a complaint for breach of contract and statutory bad faith under § 624.155, Fla. Stat.
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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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