CFO warns insurance companies not to drag feet on Hurricane Michael claims
The Tampa Bay Times reports that Chief Financial Officer Jimmy Patronis and David Altmaier, commissioner for the state’s Office of Insurance Regulation, warned insurers not to slow-walk claims made in the wake of Hurricane Michael.
The hurricane, which hit Florida’s Panhandle in early October, caused about $4.5 billion in insured losses and generated more than 133,000 claims. According to the state, more than 42,000 of those claims remain open. For the full story, click here.
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If you have experienced an insurance loss from a Hurricane Michael, don’t be surprised if the insurance company’s first reaction is to claim that your damage is due to some pre-existing condition or assert that your claim is not covered under the terms of your policy or even cancel your policy based on recently-discovered “errors” in your application. But don’t worry.
Experienced and aggressive attorneys from ILG are on your side and will advocate on your behalf to see that you get the benefits you are entitled to. At ILG, we take the time to analyze and interpret your policy and understand the full measure of damages available to you. We work with construction experts, restoration professionals and others to determine the facts.
Don’t delay and contact us today for a free consultation in Florida. The Insurance Litigation Group will walk you through the terms of your insurance policy and help you recover the full extent of your covered losses.C