Hurricane Claims Not Paid by Insurance Companies

Over 4,000 Hurricane Matthew Insurance Claims Not Paid

Hurricane Matthew Claims Not Paid

Since our last report on insurance claims that have not been paid, we have seen a spike in unpaid claims. Many Hurricane Matthew Claims are Not Paid by Insurance Companies. The number of claims nearly doubled to 75,215. Volusia County has 22,000 claims. 870 claims have been closed without paying the policy-holders. In fact there are more claims closed without payment (870) than there are that have been paid (586).

The numbers speak for themselves. See the data above.

Source: http://www.floir.com/Office/HurricaneSeason/HurricaneMatthewClaimsData.aspx

Tropical Storm Maria No U.S. Landfall Expected

Tropical Storm Maria currently has wind speed maximum of 50 miles per hour and wind gusts up to 65 miles per hour.  Tropical Storm Maria is projected to move parallel to the U.S. Coast line at about 2 miles per hour. Currently she is expected to remain a Tropical Storm for the next few days.

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Florida Hurricane Claims in The Supreme Court

Insurance Company Fights
Hurricane Claims Verdict

Florida Hurricane Claims are now in front of The Florida Supreme Court. We will update this story when the Florida Supreme Court rules on this huge case. According to the Insurance Company, This case is about "an insurance claim for property damage suffered in Hurricane Wilma, which struck South Florida in 2005. The condominium buildings of the insured were among the buildings in Boca Raton affected by the hurricane. A week after the hurricane, the chairman of the insured‟s association advised the unit owners that the majority of units had no damage. Nevertheless, after a six-day trial in federal district court, a jury awarded $8,140,099.68 in damages." The complete Brief from the Insurance Company can be found here.

The Condominium Association stated "The actual jury award was for $8,140,099.68, allocating $7,868,211 to QBE’s breach of the coverage provision of the contract and $271,888 for breach of the implied warranty of good faith and fair dealing." The complete Condominium Association Brief can be found here.