Hartford Insurance Company Of The Midwest Faces Class Action Lawsuit over Hurricane Wilma Claims in Florida

Bloomberg Business Week
August 10, 2010


Hartford Insurance Company Of The Midwest is the defendant in a class action lawsuit that claims the insurer failed to pay legitimate claims arising from damage caused by Hurricane Wilma. The lawsuit was filed in Broward County Circuit Court. The lawsuit alleges that Florida Statute 627.7011(3) requires insurers to pay replacement costs to policy holders with replacement cost coverage regardless of whether or not the insured actually replaced the property. The company allegedly refused to pay the costs until the repair work was finished. The lawsuit claims breach of contract and violation of Florida insurance laws. It alleges that company saved millions of dollars by failing to pay the claims.
 
Steven R. Simon Announces Filing of Class Action Suit Against the Hartford for Underpayment of Hurricane Wilma Claims

Steven R. Simon, P.A. has filed a class action lawsuit against Hartford Insurance Company Of The Midwest in Broward County Circuit Court. The lawsuit alleges that The Hartford refused to pay replacement cost coverage on Hurricane Wilma claims on policies it issued with replacement cost coverage unless and until the insured actually replaced the property. The lawsuit alleges that this is in violation of Florida law, specifically Florida Statute 627.7011(3) which was passed prior to Hurricane Wilma. This law requires insurers to pay their policyholders on policies issued with replacement cost coverage, the replacement cost, irrespective of whether the policyholder actually replaced the property. The lawsuit alleges that The Hartford saved millions of dollars in claim payments by failing to comply with this statute. The Hartford was given an opportunity to pay replacement cost coverage to the named plaintiff's but refused to do so.

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