Florida’s Citizens Claims Committee Meets Tomorrow On Independent Adjuster Catastrophe Response Next Steps
Nov 29, 2016
Florida’s Citizens Property Insurance Corporation (“Citizens”) will be issuing a new Request for Information for new independent adjusting firms after those with which the State-run insurer had been contracting failed to provide reliable catastrophe response after Hurricanes Hermine and Matthew this year.
How to proceed in rectifying the ensuing issues will be discussed during a Citizens Claims Committee meeting tomorrow, November 30, 2016 from 10 a.m. to 11:30 a.m. (ET) via teleconference. To listen to the meeting, dial 1 (866) 361-7525, Code: (521) 967-6193#.
To read Citizens’ report on the situation, click here.
Committee members will also hear an update on both litigated and non-litigated claims. Startlingly, Citizens has experienced a 30 percent increase in the number of new incoming lawsuits per month over 2015, despite efforts to stem the growing number of cases involving assignment of benefits.
From January 2016 through October 2016, Citizens was served with 8,097 lawsuits involving residential property losses–an average of 809 new lawsuits per month. Ninety-six percent of the incoming lawsuits arise out of South Florida–a statistic that has remained consistent since early 2014.
To read the complete litigated claims update, click here.
To access the complete materials for tomorrow’s meeting, click here.
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