Florida regulators have imposed a $1 million fine on Heritage Property & Casualty, one of the state's largest homeowners insurance companies, for mishandling claims related to Hurricane Ian. This marks the largest fine issued by the state in over a decade. The fine was announced as Florida's CFO was participating in a 'Putting Policyholders First' panel, highlighting a significant contrast in actions and statements within the state government. While legislative leaders have praised the decision, Florida's CFO, Jimmy Patronis, expressed opposition to fining the company.
Property insurance firm fined for mishandling claims post-Hurricane Ian https://t.co/uky3RLQ5t5
Property insurance firm hit with $1 million fine for mishandling claims post-Hurricane Ian https://t.co/uky3RLQ5t5
Florida's legislative leaders are praising the state fining a homeowners insurer $1 million for bad behavior after Hurricane Ian. It's a contrast to Florida's CFO, @JimmyPatronis, who indicated yesterday he was against fining the company, Heritage Insurance. https://t.co/4JWYpHRj7r
NEW: Property insurance firm slapped by Florida with fine over mishandling claims after Hurricane Ian https://t.co/uky3RLQ5t5
#Florida regulators issued a $1M fine against one of the state’s largest homeowners insurance companies over how it treated policyholders after Hurricane Ian. https://t.co/hWHYOchrga via @lmower3
Major Florida homeowners insurance firm fined $1M for actions after Hurricane Ian https://t.co/uf8rn2BclW
Insurer agrees to pay a $1 million fine over Ian claims https://t.co/Thr47fUwrw
On the same day Florida's CFO was holding a "Putting Policyholders First" panel ... his office was pooh-poohing a near-record $1 million fine against Heritage Insurance for how it treated Hurricane Ian victims. https://t.co/rhPl0KSjWb
Florida has levied a $1m fine against Heritage Property & Casualty for how it handled Hurricane Ian claims. It's the largest fine handed by regulators in more than a decade....https://t.co/nRHNNwpxZD
Oddly missing from the article is any element of her statement about home owners insurance being the bigger issue. The insurance aspect is really what is killing the working class financially in Florida. https://t.co/O4nEuyvjpc