After two special legislative sessions where Ron DeSantis and Florida Republicans passed legislation to line the pockets of big insurance companies at the expense of Florida homeowners, a new Washington Post article found insurance companies are now refusing to cover the cost of Hurricane Ian-related damages and are drastically reducing insurance payouts. This is the real “Florida Blueprint” DeSantis doesn’t want the country to see - making it easier for property insurance companies to shift more costs to homeowners, and delivering a $2 billion dollar taxpayer-funded bailout to property insurance companies.
READ: Insurers slashed Hurricane Ian payouts far below damage estimates, documents and insiders reveal
“After major disasters like Ian, insurance companies often bring on third-party firms like Tristar Claim Solutions, an independent adjusting company that Lee worked for as a contractor, to help with the hundreds of thousands of claims.”
“During the insurance claims process, it’s standard for field adjusters, who are trained to assess damaged homes, to collaborate with those back in the office to make minor edits, discuss aspects of the claim and alter line items if, for example, the carrier has evidence that damage was from a prior event, according to adjusters and insurance industry experts. That is how the system is supposed to work.”
“Instead, Lee and other adjusters contracted by regional insurance carriers say that managers have been changing their work by lowering totals, rewriting descriptions of damage and deleting accompanying photos without their approval. These actions to devalue damage are the latest example of the insurance crisis in Florida.”
Source: FL Dems