More Than One Month After Michael, Insurers Must Step It Up
Florida Chief Financial Officer (CFO) Jimmy Patronis and Insurance Commissioner David Altmaier spoke with insurance company executives today and called on the industry to step up more to aid in Hurricane Michael recovery.
CFO Jimmy Patronis said, “Before Hurricane Michael hit, I put Florida’s insurance industry on notice that I expected they would move quickly to help residents recover. Unfortunately, this hasn’t been the case all around. My office has noticed several alarming trends since the storm made landfall including delays in processing claims. What is even more troubling is that 13 percent of complaints to my office were related to claim denials.